When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in categorizing and identifying specific products. In this article, we will take an in-depth look at HS Code 62019330, which refers to men's or boys' anoraks, windbreakers, and similar articles made of manmade fibers, not knitted or crocheted, and are water-resistant.
HS Code 62019330 provides a standardized classification for this particular type of clothing. It allows customs authorities and traders to easily identify and track these products, ensuring smooth cross-border trade.
The product description for HS Code 62019330 is clear and concise. It refers to anoraks, windbreakers, and similar articles designed for men or boys. These products are made of manmade fibers, excluding knitted or crocheted materials. Additionally, they are water-resistant, making them suitable for various weather conditions.
The bound / MFN (Most Favored Nation) duty rate for HS Code 62019330 is 7.1%. The MFN principle states that whenever 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 ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 62019330 is dozens (DOZ). This means that the products are typically measured and traded in sets of twelve.
Several countries offer special tariff preference programs for products classified under HS Code 62019330. These programs aim to promote trade and economic cooperation between countries by providing preferential treatment in terms of import duties. Here are some of the special tariff preference programs applicable to this HS Code:
These special tariff preference programs provide opportunities for traders to benefit from reduced or duty-free import tariffs, making trade more favorable and cost-effective.
HS Code 62019330 is relevant for both importing and exporting activities in the United States. Importing states can benefit from the special tariff preference programs mentioned above, depending on the specific trade agreements and partnerships between the US and other countries.
Exporting US states, on the other hand, can leverage HS Code 62019330 to identify and classify their products accurately. This ensures compliance with international trade regulations and facilitates smooth export processes.
HS Code 62019330 is a specific code that classifies men's or boys' anoraks, windbreakers, and similar articles made of manmade fibers, not knitted or crocheted, and are water-resistant. It is essential for traders, customs authorities, and policymakers to understand and utilize HS codes effectively to facilitate international trade and promote economic growth.