When it comes to international trade, proper classification of products is crucial. The Harmonized System (HS) Code is a standardized system used globally to classify traded goods. In this article, we will delve into HS Code 62046960, which refers to women's or girls' trousers, bib & brace overalls, breeches & shorts made of silk or silk waste, containing under 70% by weight of silk or silk waste, and not knitted or crocheted.
HS Code 62046960 covers a specific range of clothing items for women and girls. These include trousers, bib & brace overalls, breeches, and shorts made of silk or silk waste. However, it is important to note that the content of silk or silk waste in these garments must be less than 70% by weight. Additionally, the products falling under this HS Code should not be knitted or crocheted.
The bound or most-favored-nation (MFN) duty rate for HS Code 62046960 is 7.1%. The MFN principle states that 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. This ensures fair and equal treatment in international trade.
The quantity unit for HS Code 62046960 is dozens (DOZ). This means that the measurement and trade of these garments are typically done in multiples of twelve.
Several countries have special tariff preference programs in place for products falling under HS Code 62046960. These programs offer preferential or duty-free treatment for imports. Here are some examples:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products.
HS Code 62046960 is imported into the following states in the United States:
The concentration of imports in these states suggests a demand for women's and girls' silk trousers, bib & brace overalls, breeches, and shorts within these regions.
No specific information about the exporting US states for HS Code 62046960 is provided in the given data.
HS Code 62046960 encompasses a range of women's and girls' silk garments, including trousers, bib & brace overalls, breeches, and shorts. Understanding the HS Code, its associated duty rates, and special tariff preference programs can help businesses navigate international trade and make informed decisions regarding imports and exports.