When it comes to international trade, every product is classified under a specific Harmonized System (HS) code. The HS code 62089950 refers to women's or girls' singlets and other undershirts, briefs, panties, negligees, dressing gowns, and similar articles, made of silk with a silk content of less than 70% by weight and not knitted or crocheted.
This HS code is used to categorize and classify these specific types of garments for customs and trade purposes. It helps in determining the appropriate import duties, tariff rates, and trade regulations applicable to these products.
Women's or girls' singlets and other undershirts, briefs, panties, negligees, dressing gowns, and similar articles made of silk are luxurious and delicate garments. They offer comfort and elegance to the wearer. These garments are commonly worn as undergarments or sleepwear.
The bound / MFN (Most Favored Nation) duty rate for HS code 62089950 is 7.1%. The MFN principle states that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This duty rate is applicable to imports of these silk garments from all countries unless they qualify for special tariff preference programs.
The quantity unit for HS code 62089950 is dozens (DOZ). It signifies that the products are typically traded and measured in multiples of twelve.
Various countries have established special tariff preference programs that offer reduced or duty-free rates for imports of specific goods, including HS code 62089950. The following are some of the special tariff preference programs applicable to these silk garments:
These special tariff preference programs aim to promote trade, economic cooperation, and market access between countries. Importers and exporters can take advantage of these programs to reduce the cost of importing or exporting these silk garments.
HS code 62089950 is relevant for all the states in the United States. Importers from any US state can bring in these silk garments under the applicable trade regulations and tariff rates.
Exporters from any US state can ship these silk garments to any country that allows their importation. The HS code 62089950 ensures that the products are correctly classified and regulated during the export process.
HS code 62089950 represents women's or girls' singlets and other undershirts, briefs, panties, negligees, dressing gowns, and similar articles made of silk. This code helps in classifying these garments for customs and trade purposes, determining import duties, and identifying special tariff preference programs. Understanding the HS code and its associated information is essential for importers, exporters, and trade authorities involved in the international trade of these silk products.