Furnishing articles made from vegetable fibers, excluding cotton, fall under HS Code 63049935. These articles are specifically categorized as items used for furnishing purposes, excluding bedspreads and jute wall hangings. The HS code provides a standardized system for classifying and identifying these products in international trade.
The product description for HS Code 63049935 includes furnishing articles made from vegetable fibers, excluding cotton. This category excludes bedspreads and jute wall hangings. It is important to note that the products falling under this HS code must not be made from any kind of synthetic fibers; they must be entirely composed of natural vegetable fibers.
The bound / MFN (Most Favored Nation) duty rate for HS Code 63049935 is 11.3%. The MFN duty rate is the rate charged on imports when a country lowers a trade barrier or opens up a market. This rate applies to all trading partners equally, ensuring fairness and non-discrimination in international trade.
The quantity unit for HS Code 63049935 is kilograms (KG). This unit is used to measure the weight of the furnishing articles made from vegetable fibers. It provides a standardized measurement that facilitates accurate trade transactions and allows for easy comparison of quantities between different importers and exporters.
Several special tariff preference programs are applicable to imports of furnishing articles under HS Code 63049935. These programs offer reduced or duty-free rates for certain countries. The programs and their corresponding rates are as follows:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment to certain trading partners or products. Importers and exporters should take advantage of these programs to reduce costs and enhance their competitiveness in the global market.
HS Code 63049935 applies to import and export transactions involving furnishing articles made from vegetable fibers, excluding cotton. The specific states within the United States that are involved in importing and exporting these products may vary depending on market demand and supply. Some notable importing and exporting US states for these furnishing articles may include:
These states play a significant role in the trade of furnishing articles made from vegetable fibers, contributing to the overall import and export volume of such products in the United States.
HS Code 63049935 represents furnishing articles made from vegetable fibers, excluding cotton. This code is essential for proper classification and identification of these products in international trade. Importers and exporters should be aware of the bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code to optimize their trade transactions and take advantage of cost-saving opportunities.