Men's or boys' nightshirts and pajamas fall under the HS code 62072990. This code is used to classify these textile products for import and export purposes. It is important to understand the details of this HS code to ensure compliance with trade regulations and take advantage of any special tariff preferences available.
The product description for HS code 62072990 specifies that it includes men's or boys' nightshirts and pajamas made of textile materials, excluding cotton or man-made fibers (MMF). These products should contain under 70% by weight of silk or silk waste and should not be knitted or crocheted.
The bound/ Most Favored Nation (MFN) duty rate for HS code 62072990 is 7.1%. The MFN duty rate applies every time 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 rate is applicable for countries that do not have any specific tariff preference programs in place.
The quantity unit for HS code 62072990 is dozens (DOZ). This means that the measurement and pricing of these products are based on a unit of twelve items.
Several countries have special tariff preference programs that provide reduced or duty-free rates for imports under HS code 62072990. These programs aim to promote trade and economic cooperation between countries. The following countries have specific rates for this HS code:
These special tariff preference programs can significantly reduce the duty burden or eliminate it entirely for importers and exporters in specific countries. It is essential to understand the eligibility criteria and requirements of each program to take advantage of the reduced rates.
The data does not specify any specific states in the US that are importing these products under HS code 62072990.
The data does not specify any specific states in the US that are exporting these products under HS code 62072990.
HS code 62072990 classifies men's or boys' nightshirts and pajamas made of textile materials (excluding cotton or MMF). It is important for importers and exporters to understand the product description, duty rates, quantity unit, and any special tariff preference programs available for this HS code. Compliance with trade regulations and taking advantage of reduced duty rates can greatly benefit businesses involved in the import and export of these products.