Gloves, mittens, and mitts are essential accessories for protecting our hands from cold weather, harsh conditions, and various occupational hazards. These items are used in a wide range of industries, including healthcare, manufacturing, construction, and more. HS Code 62160029 specifically refers to gloves, mittens, and mitts that are impregnated or treated with a substance, with fourchettes, and containing 50% or more by weight of cotton, man-made fibers, or a combination thereof. These products are not knit or crocheted.
The HS code system is an internationally recognized classification system for products traded between countries. It helps to standardize the identification of goods and facilitates international trade by providing a common language for customs authorities, statisticians, and other relevant parties. HS Code 62160029 specifically categorizes gloves, mittens, and mitts with specific characteristics and compositions.
When importing or exporting goods, it is crucial to understand the HS code assigned to the product. This code determines the applicable customs duties, taxes, and regulations. In the case of HS Code 62160029, the bound or most-favored-nation (MFN) duty rate is 13%. 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 HS Code 62160029 is a dozen pairs (DPR). This unit provides a standardized measure for the volume of gloves, mittens, and mitts being imported or exported.
There are also special tariff preference programs associated with HS Code 62160029. These programs offer reduced or duty-free rates for certain countries. The following countries have duty-free treatment for this HS code: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore. Additionally, Morocco has a special rate of 1.3% for this HS code.
It is worth noting that the United States imports HS Code 62160029 gloves, mittens, and mitts from various countries. Some of the importing states include North Carolina and Ohio. These states have a demand for these products, likely due to their climate or industrial activities.
HS Code 62160029 refers to impregnated gloves, mittens, and mitts with specific composition and characteristics. This code is used for the classification and regulation of these products in international trade. Understanding the HS code is essential for importers, exporters, and customs authorities to ensure compliance with applicable duties, taxes, and regulations. The associated special tariff preference programs provide opportunities for reduced or duty-free rates for certain countries, promoting trade and economic cooperation.