Wall hangings are a popular choice for adding a touch of style and personality to any space. If you're in the market for unique and handcrafted wall hangings, the HS Code 63049910 is one you should be familiar with. This HS code specifically refers to wall hangings that are not knitted or crocheted and are made of wool or fine animal hair. These products are also certified hand-loomed and considered folklore products.
When it comes to international trade, understanding the HS code is crucial. The HS code is a standardized system used worldwide to classify and identify traded products. It helps customs authorities and traders determine the appropriate duties, tariffs, and regulations for specific goods.
The HS Code 63049910 falls under the broader category of textile products and is further classified based on its specific characteristics. In this case, the wall hangings are made of wool or fine animal hair, making them unique and luxurious pieces of home decor.
The bound / MFN (Most Favored Nation) duty rate for products in the HS Code 63049910 is 3.8%. 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 duty rate ensures fair trade practices and equal treatment for all countries involved.
The quantity unit for wall hangings in the HS Code 63049910 is square meters (M2). This unit of measurement helps determine the size and quantity of the products being traded. It is essential for accurately assessing the value and logistics of importing or exporting these goods.
Several special tariff preference programs are applicable to wall hangings in the HS Code 63049910, offering reduced or duty-free rates for specific countries. These programs aim to promote trade and economic cooperation between nations. Here are some of the notable programs:
It is important for importers and exporters to be aware of these special tariff preference programs to take advantage of reduced duty rates and make informed decisions when trading wall hangings in the HS Code 63049910.
When it comes to importing and exporting wall hangings in the HS Code 63049910, it's essential to consider the specific US states involved. Different states may have varying regulations, licensing requirements, and restrictions on certain products.
Exporting US States: To export wall hangings in the HS Code 63049910 from the United States, it is crucial to comply with all federal and state regulations. Some of the prominent exporting US states for these products may include textile manufacturing hubs like North Carolina, South Carolina, and Georgia.
Importing US States: If you're looking to import wall hangings in the HS Code 63049910 into the United States, you need to be aware of the specific requirements and regulations of the destination state. Major importing US states for these products may include consumer markets like California, New York, and Texas.
Understanding the specific regulations and requirements of importing and exporting US states is vital for a smooth and compliant trade process.
the HS Code 63049910 encompasses wall hangings made of wool or fine animal hair. These unique and handcrafted products are certified hand-loomed and considered folklore items. Importers and exporters should be aware of the bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code. Additionally, understanding the regulations and requirements of importing and exporting US states is crucial for successful trade in wall hangings within this category.