The HS Code 62171095 refers to a specific category of made up clothing accessories. These accessories are excluded from heading 6212, which includes headbands, ponytail holders, and similar items. Additionally, this HS code applies to products that contain less than 70% weight of silk and are not knitted or crocheted.
When importing or exporting products falling under this HS code, it is important to understand the applicable duty rates and special tariff preference programs. The bound or MFN (Most Favored Nation) duty rate for these products is 14.6%. 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 products classified under HS Code 62171095 is dozens (DOZ). This unit of measurement is commonly used in the trade of clothing accessories.
There are several special tariff preference programs available for products falling under this HS code. These programs provide varying rates of duty exemption or reduction for specific countries. The following countries enjoy duty-free treatment for these products: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore. Additionally, Morocco has a special rate of 1.4% for these products.
When importing products classified under HS Code 62171095 to the United States, it is important to consider the specific requirements and regulations of the exporting country. Likewise, when exporting these products from the United States, it is essential to be aware of the regulations and restrictions imposed by the importing country.
By understanding the HS code and its associated data, importers and exporters can navigate the international trade landscape more effectively. This knowledge allows them to accurately determine duty rates, take advantage of special tariff preference programs, and ensure compliance with relevant regulations.