Stockings and other hosiery are essential textile products that offer both comfort and style. These products, including footwear without applied soles, fall under the HS code 61159940. In this article, we will explore the details of this HS code, its product description, duty rates, quantity units, and special tariff preference programs.
The HS code 61159940 covers stockings and other hosiery made of textile materials, excluding man-made fibers (MMF). These products must contain 70% or more by weight of silk. The "k/c" mentioned in the description stands for "knitted or crocheted," indicating the manufacturing technique used.
The bound / MFN (Most Favored Nation) duty rate for HS code 61159940 is 1.6%. 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. This duty rate applies to the importation of stockings and other hosiery under this HS code.
The quantity unit for stockings and other hosiery under HS code 61159940 is a dozen pairs (DPR). This unit of measurement helps in determining the quantity of goods being imported or exported.
Stockings and other hosiery under HS code 61159940 may be eligible for special tariff preference programs, which offer reduced or duty-free rates for specific countries. Here are the details of some special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade partnerships and provide economic benefits to the participating countries. Importers and exporters should be aware of these programs to take advantage of favorable tariff rates.
While not explicitly mentioned in the provided data, stockings and other hosiery under HS code 61159940 can be imported into various states of the United States. One known importing state for this product is North Carolina.
The data does not specify any particular states in the United States that export stockings and other hosiery under HS code 61159940. However, the exportation of these products may vary across different states depending on the manufacturing capabilities and market demand.
Stockings and other hosiery, as represented by HS code 61159940, play a significant role in the textile industry. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code is crucial for international traders and businesses involved in the import and export of these products.