The HS Code 62029340 refers to women's or girls' anoraks, windbreakers, etc. that are not knit or crocheted and are made of manmade fibers. These garments must contain 36% or more of wool or fine animal hair. The code "nesoi" indicates that the specific type of anoraks or windbreakers is not elsewhere specified or included.
When importing or exporting these products, it is important to understand the duty rates and special tariff preference programs associated with the HS Code. Let's explore the details:
The bound / MFN (Most Favored Nation) duty rate for HS Code 62029340 is 43.4 cents/kg plus 19.7% of the product's value. This duty rate applies to all countries unless a special tariff preference program is in place.
The quantity unit for these anoraks and windbreakers is measured in dozens (DOZ).
Several countries have special tariff preference programs in place for the importation of products under HS Code 62029340. These programs provide either duty-free treatment or reduced duty rates. Here are some examples:
Australia (AU) has a special rate of 8% for importing products under this HS Code. Morocco (MA) has a specific rate of 4.3?/kg plus 1.9% of the product's value.
When importing products under HS Code 62029340 to the United States, the specific states involved in the trade should be considered. Unfortunately, the provided data does not mention any specific states.
Similarly, when exporting products under HS Code 62029340 from the United States, the specific states involved in the trade are not mentioned in the provided data.
understanding the HS Code 62029340 and its associated details is crucial for importers and exporters of women's or girls' anoraks, windbreakers, etc. This code helps classify the products and determine the applicable duty rates and special tariff preference programs. By staying informed about the regulations and preferences of trading partners, businesses can make informed decisions and benefit from favorable trade conditions.