When it comes to bed linen, there are various factors to consider, such as the material, design, and manufacturing process. Among the many codes used to classify products for international trade, HS Code 63022170 specifically refers to printed bed linen made of cotton, excluding any knit or crocheted items. In this article, we'll delve into the details of HS Code 63022170, exploring its product description, duty rates, quantity units, and special tariff preference programs.
HS Code 63022170 identifies bed linen that is printed, made of cotton, and does not include any embroidery, lace, braid, edging, trimming, piping, or applique work. Additionally, this code specifies that the bed linen should be napped, which refers to a fuzzy or raised surface on the fabric, often achieved through brushing or shearing.
Printed bed linen offers a wide range of designs and patterns, allowing consumers to personalize their bedrooms and express their unique style. Cotton, known for its softness, breathability, and durability, is a popular choice for bed linen due to its comfort and ease of care.
The bound / MFN (Most Favored Nation) duty rate for HS Code 63022170 is 2.5%. This rate represents the tariff imposed on the import of this product into a country that is a member of the World Trade Organization (WTO). It is important to note 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, ensuring fair treatment and non-discrimination.
Trade barriers can include taxes, tariffs, quotas, and regulations that restrict or impede the flow of goods and services across borders. By reducing these barriers, countries promote international trade, fostering economic growth and providing consumers with a wider range of choices.
The quantity unit specified for HS Code 63022170 is "number" (NO), indicating that the measurement of bed linen is based on individual pieces. This unit helps accurately determine the quantity of bed linen being imported or exported, facilitating trade transactions and ensuring transparency.
HS Code 63022170 is eligible for various special tariff preference programs, which are agreements between countries aimed at reducing or eliminating import duties for specific goods. These programs promote trade relations, encourage economic cooperation, and enhance market access for participating countries. Let's take a closer look at the special tariff rates for different trading partners:
Australia, Bahrain, Chile, Israel, Jordan, Mexico, Peru, and Singapore offer duty-free treatment for bed linen under HS Code 63022170. This means that importers/exporters from these countries can enjoy a competitive advantage by avoiding the payment of import duties, making the product more affordable for consumers.
In the case of Morocco, a special rate of 0.3% applies, providing a significant reduction in import duties compared to the standard MFN rate of 2.5%. Similarly, Oman offers a special rate of 1.5%, further promoting trade in bed linen between the exporting and importing countries.
HS Code 63022170 applies to bed linen being imported into and exported from the United States. The code serves as a standardized classification system, facilitating international trade and ensuring accurate documentation and customs procedures.
As for the specific US states involved in the import and export of bed linen under HS Code 63022170, the information provided does not specify the states. However, it is important to note that the United States has a significant textile industry, with various states involved in the production, distribution, and trade of bed linen and other textile products.
HS Code 63022170 plays a crucial role in the classification, documentation, and regulation of printed bed linen made of cotton. The code provides a detailed description of the product, outlines the bound / MFN duty rate, specifies the quantity unit, and highlights special tariff preference programs that promote trade relations between countries.
Understanding HS Code 63022170 enables importers, exporters, and consumers to navigate the international trade landscape, ensuring compliance with regulations, taking advantage of special tariff rates, and enjoying a wide variety of high-quality printed bed linen products.