The HS Code 62114200 refers to women's or girls' track suits or other garments made of cotton, which are not knitted or crocheted. This code is used to classify and identify these specific types of clothing items in international trade.
When importing or exporting these track suits or garments, it is important to be aware of the various regulations and duty rates associated with this HS code. The bound or most favored nation (MFN) duty rate for this product is 8.1%. This means that every time 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.
The quantity unit for this HS code is dozens (DOZ), which is a common unit of measurement for garments. It helps to determine the quantity of track suits or garments being imported or exported.
There are also special tariff preference programs available for this HS code. In some countries, such as Bahrain, Canada, Chile, Israel, Jordan, Mexico, Peru, and Singapore, these track suits or garments are eligible for duty-free treatment. This means that they can be imported or exported without any additional customs duties.
However, in Australia, there is a special rate of 7.2% applied to these track suits or garments. Additionally, in Morocco, there is a special rate of 4.8% and in Oman, there is a special rate as well. It is important to take these special rates into consideration when importing or exporting to these specific countries.
When importing these track suits or garments into the United States, it is essential to be aware of the regulations and requirements of the exporting states. Similarly, when exporting from the United States, it is important to understand the regulations and requirements of the importing states. This ensures compliance with all necessary procedures and documentation.
the HS Code 62114200 is used to classify and identify women's or girls' track suits or other garments made of cotton, which are not knitted or crocheted. This code helps in determining the duty rates, quantity units, and special tariff preference programs associated with these products in international trade. It is crucial to understand and adhere to all regulations and requirements when importing or exporting these track suits or garments.