When it comes to international trade, it is important to have a clear understanding of the Harmonized System (HS) codes that are used to classify products. HS codes provide a standardized way of categorizing goods, making it easier for countries to track imports and exports, and apply tariffs and other trade regulations.
One such HS code is 62046110, which corresponds to women's or girls' trousers and breeches made of wool or fine animal hair. These garments are specifically designed to be water-resistant and are made with elastomeric fibers to provide stretch and comfort. They do not have belt loops and weigh more than 6 kilograms per dozen.
Importers and exporters need to be aware of the specific details and regulations associated with HS code 62046110. Here are some important points to consider:
HS code 62046110 covers women's or girls' trousers and breeches made of wool or fine animal hair. These garments are designed to be water-resistant and are made with elastomeric fibers for added stretch. They do not have belt loops and weigh more than 6 kilograms per dozen.
The bound or Most Favored Nation (MFN) duty rate for HS code 62046110 is 7.6%. 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. Importers will be subject to this duty rate unless they qualify for a special tariff preference program.
The quantity unit for HS code 62046110 is dozens (DOZ). This means that the garments are measured and traded in units of 12. Importers and exporters need to keep this in mind when calculating quantities and pricing.
There are several special tariff preference programs associated with HS code 62046110. Here are some examples:
These special tariff preference programs allow certain countries to import or export HS code 62046110 at reduced or zero duty rates. Importers and exporters should familiarize themselves with the specific requirements and eligibility criteria for each program.
HS code 62046110 can be imported and exported to and from various US states. The specific states involved in the trade will depend on the import and export activities of businesses and individuals. It is important to comply with all applicable regulations and requirements when importing or exporting goods under this HS code.
HS code 62046110 is used to classify women's or girls' trousers and breeches made of wool or fine animal hair. It is important for importers and exporters to understand the product description, duty rates, quantity unit, special tariff preference programs, and any other relevant details related to this HS code. By staying informed and compliant, businesses can navigate international trade more effectively and take advantage of any available tariff benefits.