When it comes to international trade, it is crucial to have a standardized system for classifying products. The Harmonized System (HS) provides a comprehensive framework for categorizing goods based on their characteristics. One such HS code is 62081990, which pertains to women's or girls' slips and petticoats made of textile materials.
The product description for HS code 62081990 specifies that it includes slips and petticoats that do not contain man-made fibers (MMF) or cotton. Additionally, these textile products must contain less than 70% by weight of silk or silk waste. This code excludes items that are knitted or crocheted.
Understanding the duty rates associated with HS code 62081990 is essential for importers and exporters alike. The bound or Most Favored Nation (MFN) duty rate for this code is 8.7%. The MFN duty rate indicates the rate that will be applied to imports when a country lowers a trade barrier or opens up a market. It is important to note that this rate applies universally to all trading partners.
The quantity unit for HS code 62081990 is dozens (DOZ). This unit of measurement is commonly used when determining the quantity of slips and petticoats being imported or exported.
There are also special tariff preference programs that affect the duty rates for HS code 62081990. In some cases, certain countries may offer preferential treatment to imports of this product, either through duty-free rates or reduced rates. The following is a list of special tariff preference programs and their corresponding rates:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating trade barriers for specific products. Importers and exporters should be aware of these programs to take advantage of the most favorable duty rates available.
Importing and exporting states within the United States may also have an impact on the trade of women's or girls' slips and petticoats. The specific states involved in the import or export process can influence logistics, transportation costs, and regional trade dynamics.
HS code 62081990 plays a crucial role in classifying and regulating the trade of women's or girls' slips and petticoats made of textile materials. Importers and exporters should be familiar with the product description, duty rates, quantity unit, special tariff preference programs, and the involvement of specific states in order to navigate the international trade landscape effectively.