When it comes to international trade, the Harmonized System (HS) codes play a crucial role in identifying and categorizing products. One such code is HS Code 62044420, which refers to women's or girls' dresses made of artificial fibers that are not knitted or crocheted. These dresses are also certified as hand-loomed and considered folklore products.
The HS Code 62044420 provides a standardized classification for customs purposes, ensuring that trade regulations and tariffs are applied consistently across different countries. Let's explore more about this HS code and its implications for international trade.
The product covered under HS Code 62044420 includes dresses designed for women or girls. These dresses are made of artificial fibers, such as polyester or nylon, and are not knitted or crocheted. Additionally, they are certified as hand-loomed, indicating the traditional craftsmanship involved in their production. These dresses also fall under the category of folklore products, highlighting their cultural significance.
The bound or most-favored-nation (MFN) duty rate for HS Code 62044420 is 11.3%. This means that whenever a country lowers its trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. The 11.3% duty rate is applicable to the import of women's or girls' dresses covered under this HS code.
The quantity unit for HS Code 62044420 is dozens (DOZ). This implies that the dresses are typically traded in multiples of twelve.
Several countries have special tariff preference programs in place for products classified under HS Code 62044420. These programs provide certain benefits or exemptions from import duties. Here are some examples:
These special tariff preference programs aim to facilitate trade and promote economic cooperation between countries. Importers and exporters should be aware of these programs to leverage the benefits they offer.
HS Code 62044420 applies to the import of women's or girls' dresses into the United States. As such, it is relevant for all states within the country.
HS Code 62044420 is significant for exporters from all states in the United States. Exporters from any state can utilize this HS code when shipping women's or girls' dresses covered under its description.
HS Code 62044420 plays a crucial role in international trade, specifically for women's or girls' dresses made of artificial fibers, certified hand-loomed, and considered folklore products. Importers and exporters should familiarize themselves with the associated duty rates and special tariff preference programs to optimize their trading activities.