The HS Code 62032920 refers to men's or boys' ensembles made of artificial fibers. These ensembles are not knitted or crocheted. The HS Code is a standardized system used internationally to classify and define goods for customs and trade purposes. It helps in the smooth flow of trade by ensuring uniformity in product classification and tariff rates.
When importing these ensembles into the United States, specific information regarding the quantity unit and duty rates is provided. The quantity unit for this HS Code is measured in dozens (DOZ), which means that the units are counted in sets of 12.
Bound / MFN duty rate is the rate applicable to each garment in the ensemble if separately entered. It ensures that when a country reduces trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. In the case of HS Code 62032920, the specific duty rate for each garment in the ensemble needs to be determined.
Additionally, there are special tariff preference programs associated with this HS Code. These programs provide preferential treatment in terms of duty rates for certain countries. The following countries enjoy duty-free treatment for this product: Bahrain (BH), Canada (CA) under NAFTA, Chile (CL), Israel (IL), Jordan (JO), Mexico (MX) under NAFTA, Oman (OM), Panama (P), Peru (PE), and Singapore (SG).
For importing into the United States, the state of Vermont is mentioned as the specific location. This indicates that there may be specific regulations or requirements for importing this product into Vermont.
It's important to note that the HS Code 62032920 specifically refers to men's or boys' ensembles made of artificial fibers. The use of artificial fibers in these ensembles provides advantages such as durability, ease of care, and affordability. Artificial fibers can mimic the properties of natural fibers while offering additional benefits such as resistance to wrinkles, moisture-wicking, and quick-drying.
When considering the import or export of products falling under HS Code 62032920, it is crucial to adhere to the regulations and requirements set by the respective countries involved in the trade. This includes compliance with customs procedures, documentation, and any applicable duties or tariffs.
the HS Code 62032920 pertains to men's or boys' ensembles made of artificial fibers. It is a standardized code used for classification and trade purposes. The specific duty rates, tariff preference programs, and importing/exporting states associated with this HS Code provide important information for businesses and individuals involved in international trade.