HS Code 61071910 refers to the classification of men's or boys' underpants and briefs made of textile materials, excluding cotton or man-made fibers. These undergarments must contain at least 70% silk or silk waste by weight and are usually packaged and sold by the dozen (DOZ).
When importing goods classified under HS Code 61071910 into the United States, the bound or Most Favored Nation (MFN) duty rate applicable is 0.9%. It is important to note that the MFN duty rate remains the same for all trading partners of the country, ensuring fair and equal treatment for all parties involved.
However, there are certain special tariff preference programs that can provide exemptions or reduced duty rates for imports of men's or boys' underpants and briefs under HS Code 61071910. The following countries and regions offer preferential treatment:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products. Importers from the mentioned countries or regions can take advantage of these programs to enjoy duty-free or reduced-duty treatment when importing men's or boys' underpants and briefs under HS Code 61071910.
It is worth noting that the importing US state is North Carolina, although there is no specific information available for the exporting US states for products classified under this HS Code. Exporting US states can vary depending on the manufacturers or companies involved in the production and distribution of these undergarments.
HS Code 61071910 plays a vital role in international trade, providing a standardized system for classifying and categorizing men's or boys' underpants and briefs made of specific textile materials. Understanding the HS Code and the associated duty rates and tariff preference programs can help importers and exporters navigate the complexities of global trade and make informed decisions regarding their business operations.