In the world of international trade, the Harmonized System (HS) code is a vital tool used for classifying products. Each product is assigned a unique HS code, which helps in the smooth flow of goods across borders. In this article, we will explore the HS code 61151010, focusing on the product description, duty rates, quantity unit, and special tariff preference programs associated with it.
The HS code 61151010 refers to graduated compression panty hose and tights made of synthetic fibers. These products are specifically designed to provide compression therapy to the legs, aiding in blood circulation and reducing leg fatigue. It is important to note that these panty hose and tights are not intended for orthopedic treatment.
The bound / MFN (Most Favored Nation) duty rate for HS code 61151010 is 14.9%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The duty rate is applicable to the value of the imported product.
The quantity unit for HS code 61151010 is a dozen pairs (DPR). This means that the product is typically measured and sold in sets of twelve pairs.
Several countries offer special tariff preference programs for products classified under HS code 61151010. These programs aim to promote trade and provide certain benefits to importers/exporters. Here are some of the special tariff preference programs applicable to this HS code:
These special tariff preference programs provide significant cost advantages for importers/exporters, making trade more accessible and beneficial.
HS code 61151010 is relevant for both importing and exporting products to and from the United States. The specific states involved in import and export activities may vary based on various factors such as demand, production, and trade partnerships. However, some of the key states involved in the import and export of graduated compression panty hose and tights (HS code 61151010) include California, New York, Texas, Florida, and Illinois.
the HS code 61151010 represents graduated compression panty hose and tights made of synthetic fibers. This code helps in the classification, regulation, and facilitation of international trade. By understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code, importers/exporters can make informed decisions and take advantage of the benefits offered by various countries.