The HS Code 62079985 refers to men's or boys' singlets and other undershirts made of man-made fibers. These garments are not knitted or crocheted, and they fall under the category of "not elsewhere specified or included" (nesoi) in the HS code classification system.
When importing or exporting these singlets and undershirts, it is important to understand the associated duty rates and any special tariff preference programs that may apply. The bound or most-favored-nation (MFN) duty rate for this product is 10.5%. 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.
The quantity unit for these singlets and undershirts is dozens (DOZ). This means that they are typically traded in multiples of twelve.
There are several special tariff preference programs that offer reduced or duty-free rates for this product. The following countries or regions have free tariff rates for HS Code 62079985: Bahrain (BH), Canada (CA) under NAFTA (North American Free Trade Agreement), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX) under NAFTA, Oman (OM), Panama (P), Peru (PE), and Singapore (SG).
Australia (AU) offers a special rate of 8% for this product, while Morocco (MA) offers a special rate of 1%.
When importing these singlets and undershirts into the United States, it is important to consider the specific regulations and requirements of different states. Likewise, when exporting these products from the United States, it is important to be aware of the regulations and requirements of the destination country.
Overall, HS Code 62079985 covers men's or boys' singlets and other undershirts made of man-made fibers. It is important for importers and exporters to be familiar with the associated duty rates and any special tariff preference programs that may apply to ensure compliance with international trade regulations.