When it comes to international trade, it is essential to have a standardized system that classifies products for customs purposes. The Harmonized System (HS) Code is a globally recognized system that assigns a unique code to each product, making it easier to identify and track goods as they cross borders. In this article, we will explore the HS Code 61062010, which is assigned to women's or girls' blouses and shirts, knitted or crocheted, of manmade fibers, containing 23 percent or more of wool or fine animal hair.
HS Code 61062010 specifically refers to blouses and shirts designed for women or girls. These garments are made from knitted or crocheted fabric and are composed of manmade fibers. Additionally, they must contain 23 percent or more of wool or fine animal hair. This HS code helps customs authorities classify and regulate the import and export of these products.
The Bound / MFN duty rate for products under HS Code 61062010 is 14.9%. The Bound rate is the maximum rate of duty that can be imposed on a product, while the MFN (Most Favored Nation) duty rate is the rate applied to imports from most trading partners. It is important to note that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for products classified under HS Code 61062010 is dozens (DOZ). This unit allows for easy measurement and calculation of the quantity of blouses and shirts being imported or exported.
There are also special tariff preference programs available for products under HS Code 61062010. These programs offer reduced or zero-duty rates for certain countries. In the case of this HS code, the following special tariff preference programs apply:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment to certain goods.
Importing US states that are known to receive shipments of products classified under HS Code 61062010 include Arkansas. On the other hand, the exporting US states are not specified in the available data.
HS Code 61062010 represents women's or girls' blouses and shirts made from knitted or crocheted fabric, containing 23 percent or more of wool or fine animal hair. This HS code is crucial for customs authorities to properly classify and regulate the import and export of these products. Understanding the HS code and its associated information, such as duty rates and special tariff preference programs, is essential for businesses involved in international trade.