When it comes to international trade, it is important to have a standardized system in place to classify products. The Harmonized System (HS) code is an internationally recognized classification system that is used to define and categorize different types of goods. In this article, we will delve into the details of HS Code 62034112, which pertains to men's or boys' trousers and breeches.
The product description for HS Code 62034112 specifies that it applies to trousers and breeches for men or boys. However, it is important to note that this HS code does not include products falling under HTSA 6203.41.05, which are made of wool yarn with an average fiber diameter of 18.5 micron or less. This distinction ensures that the code is specific to trousers and breeches made of wool yarn with a slightly higher average fiber diameter.
Now, let's take a closer look at the various aspects of HS Code 62034112:
The Bound / MFN (Most Favored Nation) duty rate for products falling under HS Code 62034112 is 41.9 cents/kg + 16.3%. This means that for every kilogram of trousers and breeches imported, a duty of 41.9 cents plus an additional 16.3% of the product's value will be levied. It is important to note that the duty rate may vary depending on the country and the specific trade agreements in place.
The quantity unit specified for products falling under HS Code 62034112 is dozens (DOZ). This means that the measurement and trade of these trousers and breeches are typically done in multiples of twelve.
HS Code 62034112 is also eligible for various special tariff preference programs in different countries. These programs aim to promote trade and provide certain benefits to importers. Here are some of the special tariff rates for HS Code 62034112:
It is important for importers to be aware of these special tariff rates in order to plan their imports effectively and understand the costs involved.
Although not directly related to HS Code 62034112, it is worth mentioning that the data provided includes information about the importing and exporting US states. In this case, the data specifies that the product has been imported to Vermont. However, no information is provided regarding the exporting US states.
HS Code 62034112 plays a crucial role in international trade as it helps in the accurate classification and identification of trousers and breeches for men and boys. It is important for importers and exporters to familiarize themselves with the details of this HS code to ensure compliance with customs regulations and to take advantage of any applicable tariff preferences.