HS Code 62045210 refers to women's or girls' skirts and divided skirts made of cotton. These skirts are not knitted or crocheted and are certified hand-loomed and folklore products. This HS code is used to classify and track the import and export of these specific types of skirts.
The bound or most-favored-nation (MFN) duty rate for this HS code is 8%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate applies to the import of women's or girls' skirts and divided skirts under this HS code.
The quantity unit for this HS code is dozens (DOZ). This means that the skirts are typically imported or exported in units of dozens.
There are also special tariff preference programs available for this HS code. Some countries offer free trade for these skirts, while others may have specific rates. For example, the following countries offer a duty-free rate for importing women's or girls' skirts and divided skirts under this HS code: Bahrain (BH), Canada (CA) under the North American Free Trade Agreement (NAFTA), Chile (CL), European Union (E), Israel (IL), Jordan (JO), Mexico (MX) under NAFTA, Oman (OM), Panama (P), Peru (PE), and Singapore (SG).
Australia (AU) offers a special rate of 7.2% for importing these skirts. Additionally, there is a specific detail mentioned for Morocco (MA) which states that the rate is free, but there is a reference to another HS code for further details (9912.62.49-9912.62.50).
When importing women's or girls' skirts and divided skirts under HS Code 62045210, it is important to consider the specific tariff rates and preference programs of the importing and exporting countries. This will help determine the applicable duty rates and any potential benefits or exemptions under these programs.
Overall, HS Code 62045210 provides a classification and tracking system for women's or girls' skirts and divided skirts made of cotton, certified hand-loomed, and folklore products. Understanding the details and implications of this HS code is crucial for importers and exporters involved in the trade of these specific types of skirts.