The HS Code 62044230 refers to women's or girls' dresses made of cotton that are not knitted or crocheted. This code is used to classify these specific types of dresses for import and export purposes. Understanding the HS code is important for businesses engaged in international trade as it helps in determining the applicable duties, tariffs, and special preferences associated with the product.
The product description clearly states that the dresses covered under this HS code are made of cotton. This means that the dresses are woven from cotton fibers rather than being knitted or crocheted. It is essential to have a clear understanding of the fabric composition to accurately classify the product and determine the appropriate trade regulations.
The Bound / MFN duty rate for this HS code is 8.4%. This rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same duty rate is applicable to the same goods or services from all trading partners. It is important for businesses to consider this duty rate when importing or exporting dresses under this HS code.
The quantity unit specified for this HS code is dozens (DOZ). This means that the dresses are measured and traded in multiples of twelve. The quantity unit is crucial for accurate documentation and pricing when conducting international trade.
There are also special tariff preference programs associated with this HS code. These programs provide certain countries with preferential treatment in terms of duty rates. The following countries enjoy free or reduced duty rates under these programs:
Australia (AU) is also listed as having a special rate of 7.5% for dresses under this HS code. However, it is advised to refer to the specific subcategories (9912.62.36-9912.62.39) for more detailed information on the applicable duty rates for Australia.
Additionally, Morocco (MA) has a special rate for dresses under this HS code, although the exact details of the rate are not provided in the available data.
When importing dresses under HS Code 62044230 into the United States, it is important to consider the specific regulations and requirements of the importing and exporting states. These regulations may vary from state to state and can impact the customs clearance process and any additional taxes or fees.
Overall, understanding the HS Code 62044230 and its associated data is crucial for businesses involved in the import and export of women's or girls' dresses made of cotton. By accurately classifying the product and considering the applicable duty rates and special tariff preference programs, businesses can navigate international trade more efficiently and effectively.