The HS Code 62032915 refers to men's or boys' ensembles made of wool or fine animal hair, which are not knitted or crocheted. This code is used to classify and identify these specific types of garments in international trade. It provides a standardized system for customs and authorities to easily categorize and track the import and export of these products.
The product description of HS Code 62032915 clearly states that it includes ensembles for men or boys. These ensembles are made of wool or fine animal hair, which are natural fibers known for their warmth, durability, and luxurious feel. The exclusion of knitted or crocheted garments indicates that the ensembles are tailored or sewn using traditional methods.
When it comes to international trade, each country has its own set of regulations and policies. The Bound / MFN duty rate mentioned for HS Code 62032915 refers to the rate applicable to each garment in the ensemble if it is separately entered. This means that if a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This ensures fair and equal treatment for all countries involved in trade.
The quantity unit for HS Code 62032915 is dozens (DOZ), which means that the ensembles are typically imported or exported in multiples of twelve. This unit of measurement simplifies the process of tracking and documenting the quantity of ensembles being traded.
There are also special tariff preference programs associated with HS Code 62032915. These programs offer preferential treatment in terms of duty rates for specific countries. The following countries enjoy duty-free treatment for this HS Code: Bahrain (BH), Canada (CA) under NAFTA, Chile (CL), Israel (IL), Jordan (JO), Mexico (MX) under NAFTA, Peru (PE), and Singapore (SG).
In addition to the countries mentioned above, Australia (AU), Morocco (MA), and Oman (OM) also have special rates for HS Code 62032915. These rates are applicable to each garment in the ensemble if it is separately entered. This means that importers or exporters from these countries may benefit from reduced or duty-free rates when trading in these ensembles.
Importing US states for HS Code 62032915 include Vermont. This indicates that Vermont is a significant market for these ensembles in the United States. However, the exporting US states are not specified in the provided data.
HS Code 62032915 classifies men's or boys' ensembles made of wool or fine animal hair, which are not knitted or crocheted. It provides a standardized system for international trade, allowing customs and authorities to easily categorize and track these products. The code also includes information on duty rates, quantity units, and special tariff preference programs for various countries. Understanding and utilizing this HS Code is crucial for importers, exporters, and authorities involved in the trade of these ensembles.