Table linen is an essential part of any dining experience, adding elegance and style to any setting. When it comes to table linens made of vegetable fiber, excluding cotton, the HS Code 63024010 is used to classify these products. This HS code helps in identifying and categorizing the specific type of table linen for international trade purposes.
The HS Code 63024010 refers to knitted or crocheted table linen made of vegetable fiber. It is important to note that this code specifically excludes table linen made of cotton. This distinction allows for a more precise classification and helps streamline the import and export process for these products.
When importing or exporting table linen under HS Code 63024010, it is crucial to be aware of the associated tariffs and trade agreements. The bound or Most Favored Nation (MFN) duty rate for this HS code is 6.4%. 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 table linen under HS Code 63024010 is measured in numbers (NO). This unit represents the number of individual pieces or sets of table linen being imported or exported.
In terms of special tariff preference programs, table linen under HS Code 63024010 enjoys different rates depending on the trading partner or country. Some countries offer duty-free treatment for these products, while others have specific rates. Here are some examples:
It is important for importers and exporters to be aware of these specific tariff rates and eligibility criteria for each country when dealing with table linen under HS Code 63024010.
Importing US states and exporting US states play a significant role in the trade of table linen under HS Code 63024010. The demand for these products may vary across different states, depending on factors such as population, cultural preferences, and the hospitality industry. Understanding the market dynamics and preferences of specific states can help importers and exporters make informed decisions and target their products effectively.
HS Code 63024010 is used to classify and identify table linen made of vegetable fiber, excluding cotton. This code allows for precise categorization and streamlines the import and export process for these products. It is important to be aware of the associated tariffs, trade agreements, and specific rates offered by different countries. Importing US states and exporting US states also play a crucial role in the trade of table linen under this HS code. By understanding these factors, businesses can optimize their operations and tap into the market demand for table linen made of vegetable fiber.