When it comes to international trade, it is crucial to have a standardized system for classifying products. The Harmonized System (HS) Code is an internationally recognized code that provides a unique identification for each traded product. In this article, we will discuss the HS Code 62089130, which corresponds to women's or girls' undershirts and underpants made of cotton, not knitted or crocheted.
The HS Code 62089130 specifically applies to undershirts and underpants for women and girls. These products are made of cotton and are not knitted or crocheted. The code ensures that these specific products can be easily identified and classified during international trade transactions.
One important aspect to consider when importing or exporting products is the duty rate. The bound or most-favored-nation (MFN) duty rate for HS Code 62089130 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. This rate applies to the import or export of women's or girls' undershirts and underpants of cotton, not knitted or crocheted.
The quantity unit for HS Code 62089130 is dozens (DOZ). This unit of measurement is used to determine the quantity of undershirts and underpants being imported or exported. It provides a standardized way of quantifying the products, making it easier for traders and customs officials to understand the volume being traded.
Additionally, there are special tariff preference programs associated with HS Code 62089130. These programs offer reduced or duty-free rates for certain countries. The following countries have special tariff rates for the import or export of women's or girls' undershirts and underpants of cotton, not knitted or crocheted:
These special tariff preference programs allow certain countries to enjoy reduced or even duty-free rates when trading women's or girls' undershirts and underpants made of cotton, not knitted or crocheted. It is essential for importers and exporters to be aware of these programs to take advantage of the benefits they offer.
Finally, it is worth mentioning that HS Code 62089130 applies to trade between any importing and exporting US states. This means that regardless of which US state is importing or exporting women's or girls' undershirts and underpants of cotton, not knitted or crocheted, the same HS Code is used for classification purposes.
HS Code 62089130 is a specific code used to classify and identify women's or girls' undershirts and underpants made of cotton, not knitted or crocheted, during international trade. It is important for traders to be familiar with the duty rates and special tariff preference programs associated with this HS Code to ensure compliance and take advantage of any available benefits.