The HS Code 61149090 refers to a specific category of garments made from textile materials, excluding wool, cotton, or man-made fibers. These garments are knitted or crocheted and contain less than 70% silk or silk waste by weight.
When importing or exporting goods, it is essential to understand the HS Code applicable to the product. HS Codes are a standardized system for classifying traded products, enabling international trade to be conducted smoothly and efficiently. The HS Code 61149090 facilitates the accurate identification and categorization of this specific type of garment.
The product description indicates that garments falling under this HS Code are of various types and made from different textile materials. However, they all share the common characteristic of containing less than 70% silk or silk waste. The knitted or crocheted construction further distinguishes these garments from others in the textile industry.
Bound / MFN duty rate for goods classified under HS Code 61149090 is 5.6%. This means that when a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 5.6% to all its trading partners for this specific category of garments. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for these garments is measured in dozens (DOZ). This unit of measurement allows for easier tracking and standardization when trading these goods on a global scale.
Additionally, there are special tariff preference programs associated with HS Code 61149090. These programs offer reduced or duty-free rates to specific countries. The following countries benefit from special tariff rates for garments classified under this HS Code:
Furthermore, Australia benefits from a special rate of 5% duty, while Morocco enjoys a special rate of 0.5% for garments classified under HS Code 61149090.
It is important to note that the HS Code 61149090 applies to both importing and exporting countries. Therefore, this code is relevant for exporters and importers located in various US states. Similarly, it is applicable to exporters and importers from around the world.
The HS Code 61149090 serves as a crucial tool in international trade, allowing for the accurate identification and classification of garments made from specific textile materials. Understanding this code is essential for exporters, importers, and customs authorities to ensure compliance with trade regulations and benefit from any associated tariff preference programs.