When it comes to international trade, it is essential to have a standardized system that allows for the classification of goods. One such system is the Harmonized System (HS) Code. Each product is assigned a unique HS Code, which helps in the identification and categorization of goods for import and export purposes. In this article, we will delve into the details of HS Code 62113990, which pertains to men's or boys' garments (excluding swimwear or ski-suits).
Product Description:
The product description provides a clear understanding of the goods falling under HS Code 62113990. It encompasses a wide range of men's or boys' garments that do not include swimwear or ski-suits. These garments are made of textile materials, excluding wool, cotton, or man-made fibers, and contain less than 70% silk by weight. It is important to note that the garments specified under this HS Code are not knitted or crocheted.
Bound / MFN Duty Rate:
The Bound / MFN (Most Favored Nation) Duty Rate for HS Code 62113990 is 2.8%. This rate signifies the rate of duty applicable when a country lowers a trade barrier or opens up a market. It is important to maintain consistency and apply the same duty rate for the same goods or services from all trading partners.
Quantity Unit:
The quantity unit for HS Code 62113990 is dozens (DOZ). This unit helps in accurately measuring the quantity of men's or boys' garments being imported or exported under this specific HS Code.
Special Tariff Preference Programs:
HS Code 62113990 is eligible for various special tariff preference programs. These programs provide certain countries or products with preferential treatment in terms of duty rates. For example, Australia, Bahrain, Canada under NAFTA, Chile, Israel, Jordan, Mexico under NAFTA, Oman, the Dominican Republic under DR-CAFTA, Peru, Singapore, and certain countries or products excluded from CBI eligibility enjoy duty-free treatment. On the other hand, Morocco has a special rate of 0.2% for the import of goods falling under this HS Code.
Importing US States and Exporting US States:
Unfortunately, the provided data does not include information about the specific importing or exporting US states. However, it is important to note that HS Code 62113990 applies to trade between the United States and other countries, and the goods falling under this HS Code can be imported or exported from various states across the country.
Conclusion:
HS Code 62113990 plays a significant role in the international trade of men's or boys' garments (excluding swimwear or ski-suits) made of textile materials. The code helps in the accurate classification and identification of these goods, ensuring smooth import and export operations. It is essential for traders, importers, exporters, and customs authorities to familiarize themselves with the details of HS Code 62113990 to facilitate efficient and compliant international trade.