When it comes to importing or exporting goods, it is essential to understand the Harmonized System (HS) code that categorizes each product. In this article, we will delve into the HS code 62112034, which specifically refers to men's or boys' trousers and breeches imported as parts of ski-suits. Let's explore the details, including the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.
The HS code 62112034 pertains to trousers and breeches designed for men or boys that are imported as parts of ski-suits. These garments are made from wool, with a content of less than 15% by weight of down or any other similar materials. They are not water-resistant and not suitable for keeping warm in extremely cold conditions.
It's worth noting that ski-suits usually consist of multiple components, including jackets, pants, and other accessories. However, this specific HS code focuses solely on the trousers and breeches component of the ski-suit.
The bound or Most Favored Nation (MFN) duty rate associated with HS code 62112034 is 17.5%. This means that whenever a country reduces a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. Therefore, if a country decides to lower the duty rate for men's or boys' trousers and breeches for ski-suits, it must apply this reduction to all its trading partners.
The quantity unit for HS code 62112034 is measured in dozens (DOZ). This means that the import or export quantity of men's or boys' trousers and breeches for ski-suits is typically calculated in multiples of twelve.
Several special tariff preference programs are associated with HS code 62112034. These programs provide certain countries with preferential treatment in terms of duty rates when importing or exporting the specified goods. Let's take a closer look at these programs:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. They provide incentives for importing or exporting men's or boys' trousers and breeches for ski-suits under HS code 62112034, by reducing or eliminating the duty rates.
When it comes to importing or exporting men's or boys' trousers and breeches for ski-suits under HS code 62112034, it is essential to consider the specific US states involved. The data provided does not specify the importing and exporting US states related to this HS code. Therefore, further information is required to determine which states are actively engaged in trade related to this particular product.
Understanding the HS code and its associated details is crucial for international trade. It allows for proper classification, calculation of duty rates, and utilization of special tariff preference programs. By familiarizing yourself with HS code 62112034, you can navigate the import and export processes related to men's or boys' trousers and breeches for ski-suits more effectively.