When it comes to international trade, it is important to have a standardized system of classifying goods. This is where the Harmonized System (HS) codes come into play. HS codes are used worldwide to classify and categorize different products. In this article, we will explore HS code 61072920, which refers to men's or boys' nightshirts and pajamas, knitted or crocheted, made of wool or fine animal hair.
The HS code 61072920 specifically applies to nightshirts and pajamas for men and boys. These garments are made using knitting or crocheting techniques and are manufactured using wool or fine animal hair. The code provides a clear and specific classification for these types of clothing items, ensuring that they are properly identified in international trade.
It is important to note that the HS code 61072920 is accompanied by other relevant information that further describes the product and its trade regulations. One such piece of information is the bound / MFN (Most Favored Nation) duty rate, which is set at 8.5%. This means 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 this particular HS code is dozens (DOZ), indicating that the products are generally traded in sets of twelve.
Furthermore, there are special tariff preference programs associated with HS code 61072920. These programs provide specific tariff rates for certain countries. In the case of this HS code, the following special tariff preference programs apply:
This additional information gives traders and importers/exporters a clear understanding of the applicable duty rates and special programs associated with this specific HS code.
When it comes to importing this product into the United States, one of the known importing US states is North Carolina. On the other hand, the data does not provide information on exporting US states for this specific HS code.
HS code 61072920 is a specific classification for men's or boys' nightshirts and pajamas, knitted or crocheted, made of wool or fine animal hair. The code provides clarity and consistency in international trade by categorizing and identifying these products. The additional information, such as the bound / MFN duty rate and special tariff preference programs, further enhances the understanding of the trade regulations associated with this HS code.