HS Code 62081920 refers to a specific category of products: women's or girls' slips and petticoats made of cotton, which are not knitted or crocheted. This HS code is used to classify these items for international trade purposes, allowing customs authorities and traders to easily identify and track them.
The product description clearly states that these slips and petticoats are exclusively made of cotton and not knitted or crocheted. This distinction is important, as it helps differentiate them from similar products made of different materials or manufactured using different techniques.
When it comes to international trade, countries often impose import duties on goods entering their territories. In the case of HS Code 62081920, the bound or most-favored-nation (MFN) duty rate is 11.2%. 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 this HS code is dozens (DOZ), which is a commonly used measure for garments. This allows traders to easily quantify and track the number of slips and petticoats being imported or exported.
Various special tariff preference programs are in place for HS Code 62081920. These programs offer different rates of duty depending on the trading partners involved. For example, countries like Bahrain (BH), Canada (CA), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX), Oman (OM), Peru (PE), and Singapore (SG) have duty-free treatment for this category of products. Australia (AU) applies a preferential rate of 8%, while Morocco (MA) applies a rate of 1.1%.
It's worth noting that these special rates are the result of bilateral or regional trade agreements between countries. They aim to promote trade by reducing or eliminating tariffs on specific products, such as women's slips and petticoats made of cotton in this case.
When importing goods classified under HS Code 62081920 into the United States, traders need to be aware of the specific regulations and requirements imposed by different states. Similarly, when exporting these products from the United States, knowledge of the regulations in the destination country is crucial for a smooth and compliant trade process.
HS Code 62081920 represents a specific category of women's or girls' slips and petticoats made of cotton, which are not knitted or crocheted. This HS code is used for international trade purposes and helps classify and track these products. Traders should be aware of the bound duty rate, quantity unit, and various special tariff preference programs available for this HS code to optimize their trade operations.