When it comes to international trade, it is important to have a clear understanding of the HS code assigned to a specific product. HS codes, or Harmonized System codes, are used worldwide to classify and identify different types of goods. In this article, we will explore HS Code 61124900, which refers to women's or girls' swimwear made from knitted or crocheted textile materials other than synthetic fibers.
HS Code 61124900 is specifically assigned to swimwear for women and girls. This means that any import or export of swimwear falling under this category will be classified under this HS code. It is important to note that the HS code system is used by customs authorities to determine the applicable duty rates, special tariff preference programs, and other regulations for a particular product.
One of the key pieces of information related to HS Code 61124900 is the bound or MFN (Most Favored Nation) duty rate, which is 13.2%. This means that any country that lowers a trade barrier or opens up a market must apply the same duty rate for swimwear under this HS code from all its trading partners.
The quantity unit for swimwear under HS Code 61124900 is dozens (DOZ). This unit is used to measure the quantity of swimwear being imported or exported. It is important for traders to be aware of this unit when dealing with this product.
Furthermore, there are special tariff preference programs in place for swimwear under HS Code 61124900. These programs offer reduced or duty-free rates for certain countries. For example, swimwear imported from Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, and Singapore can enjoy duty-free treatment. Australia has a special rate of 8%, while Morocco has a special rate of 1.3%. These special tariff preference programs aim to promote trade and economic cooperation between countries.
In terms of importing swimwear under HS Code 61124900, certain US states have been identified. These states include Maine, Mississippi, New Hampshire, New York, North Carolina, Ohio, Virginia, and Wisconsin. If you are importing swimwear into the United States and your destination is one of these states, it is important to be aware of the regulations and requirements specific to your state.
While the exporting US states are not mentioned in the provided data, it is important for exporters to be aware of the requirements and regulations of their own state as well as the destination country when dealing with swimwear under HS Code 61124900.
HS Code 61124900 is used to classify women's or girls' swimwear made from knitted or crocheted textile materials other than synthetic fibers. This HS code helps customs authorities determine applicable duty rates, special tariff preference programs, and other regulations for swimwear. Importers and exporters must be familiar with the requirements specific to their country and destination when dealing with this product.