The HS Code 62042100 refers to women's or girls' ensembles made of wool or fine animal hair that are not knitted or crocheted. These ensembles are categorized under the Harmonized System (HS), which is an international nomenclature for the classification of products.
When importing or exporting these ensembles, it is important to consider various factors such as duty rates, special tariff preference programs, and the quantity unit. Let's delve into each of these aspects to gain a better understanding.
The bound or Most Favored Nation (MFN) duty rate is the rate applicable to each garment in the ensemble if separately entered. It is important to note that the duty rate may vary depending on the country. 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.
For the HS Code 62042100, the specific duty rates for each country should be consulted to determine the applicable rate.
The quantity unit for the ensembles is measured in dozens (DOZ). This unit of measurement helps in determining the quantity of ensembles being imported or exported.
Special tariff preference programs provide certain benefits to countries when importing or exporting specific products. For the HS Code 62042100, the following countries have special tariff rates:
Additionally, for the HS Code 62042100, Australia, Morocco, and Oman have their own special rates for the ensembles if separately entered.
When importing these ensembles to the United States, the following states have been listed as the destination:
The exporting US states for the ensembles are not specified in the provided data. However, it is important to note that the ensembles can be exported from any state in the United States.
the HS Code 62042100 represents women's or girls' ensembles made of wool or fine animal hair that are not knitted or crocheted. Importers and exporters need to consider duty rates, special tariff preference programs, quantity unit, and specific country regulations when dealing with this HS Code. It is crucial to stay informed about the latest trade policies and regulations to ensure smooth international trade operations.