The HS Code 62089920 refers to a specific category of products: women's or girls' undershirts, underpants, bathrobes, and similar articles. These products are made of wool or fine animal hair, and they are not knitted or crocheted.
When importing or exporting these products, it is important to be aware of the relevant tariff rates and special tariff preference programs. The bound or MFN (Most Favored Nation) duty rate for HS Code 62089920 is 8.5%. 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 products is dozens (DOZ), which is the standard unit of measurement for this HS Code.
There are also several special tariff preference programs that apply to HS Code 62089920. These programs provide either duty-free treatment or reduced tariff rates for specific countries. The following countries have duty-free treatment: 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) has a special rate of 7.6%, and Morocco (MA) has a special rate of 0.9%.
When importing these products into the United States, it is important to consider the specific requirements and regulations of each state. Similarly, when exporting from the United States, it is important to be aware of the requirements and regulations of the destination country.
Overall, HS Code 62089920 covers a range of women's or girls' undershirts, underpants, bathrobes, and similar articles made of wool or fine animal hair. Understanding the relevant tariff rates and special tariff preference programs is essential for businesses involved in the import and export of these products.