Handkerchiefs are a common accessory that serves multiple purposes, from wiping away tears to adding a touch of elegance to an outfit. When it comes to handkerchiefs made of silk or silk waste, they have their own unique HS code - 62139007. This code helps in identifying and categorizing these specific types of handkerchiefs for international trade purposes.
The product description of HS Code 62139007 specifies that these handkerchiefs must contain less than 70 percent by weight of silk or silk waste. This means that they may include other materials in their composition, but silk or silk waste should be the predominant component.
When importing or exporting handkerchiefs of this nature, it is important to be aware of the duty rates associated with them. The bound / MFN (Most Favored Nation) duty rate for HS Code 62139007 is 3.8%. This rate applies every time a country lowers a trade barrier or opens up a market, ensuring that the same goods or services from all its trading partners are treated equally.
The quantity unit for these handkerchiefs is measured in dozens (DOZ). This unit of measurement helps in determining the quantity of handkerchiefs being traded, making it easier to keep track of inventory and logistics.
However, certain special tariff preference programs may affect the duty rates for handkerchiefs under HS Code 62139007. For example, handkerchiefs imported from Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore are eligible for duty-free treatment. This means that no additional duties would be imposed on these imports.
Other special rates apply to handkerchiefs imported from Australia, with a duty rate of 3%, and Morocco, with a duty rate of 0.40%. These rates may vary depending on the specific agreements and trade relationships between these countries and the United States.
It is worth mentioning that the data provided for this HS code indicates that handkerchiefs under HS Code 62139007 are being imported to the United States from North Carolina and Ohio. However, no specific information is available regarding the exporting US states for these handkerchiefs.
HS Code 62139007 is assigned to handkerchiefs made of silk or silk waste, containing less than 70 percent by weight of silk or silk waste. These handkerchiefs are subject to a 3.8% bound / MFN duty rate. However, certain special tariff preference programs may allow for duty-free treatment or lower rates for imports from specific countries. Understanding the HS code and associated regulations is crucial for importers and exporters involved in the trade of handkerchiefs under this specific code.