T-shirts are a staple in most people's wardrobes. They are comfortable, versatile, and can be worn for various occasions. The HS Code 61099015 specifically refers to T-shirts and similar garments that are knitted or crocheted, made of wool, and have long sleeves. This code helps classify and identify these specific types of garments for international trade purposes.
When it comes to international trade, countries often have various trade barriers and tariffs in place to protect their domestic industries and regulate imports. The Bound / MFN duty rate for HS Code 61099015 is 5.6%. 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 HS Code is dozens (DOZ), which is a common measurement in the garment industry. It helps determine the quantity of T-shirts being imported or exported.
Special tariff preference programs can also apply to HS Code 61099015. In some cases, certain countries offer preferential treatment or lower duty rates for these garments. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore offer duty-free treatment for T-shirts and similar garments made of wool with long sleeves. Australia, on the other hand, offers a 5% special rate for these products. Morocco also has a special rate, but the details are not specified.
When it comes to importing these T-shirts into the United States, the data does not provide specific exporting countries. However, it does mention that North Carolina and South Carolina are states within the United States that import these garments.
The HS Code 61099015 plays a crucial role in international trade by classifying and identifying T-shirts and similar garments made of wool with long sleeves. It helps countries regulate imports, determine duty rates, and offer special tariff preference programs. Understanding and utilizing HS codes is essential for businesses and individuals involved in international trade.