Sacks and bags are essential for the packaging and transportation of various goods. The HS Code 63059000 refers to sacks and bags made of textile materials that are used for packing goods. This article will provide an extensive overview of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description for HS Code 63059000 is "Sacks and bags of a kind used for the packing of goods, of textile materials, nesoi." This means that the code encompasses textile sacks and bags that are specifically designed for the purpose of packaging various goods. The textile materials used can vary, allowing for flexibility in terms of strength, durability, and other desired characteristics.
The bound or Most Favored Nation (MFN) duty rate for HS Code 63059000 is 6.2%. This duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment. It is important to note that duty rates may vary depending on the specific country and its trade agreements.
The quantity unit for HS Code 63059000 is kilograms (KG). This unit of measurement is commonly used to determine the weight of the sacks and bags being imported or exported. It provides a standardized measurement for trade purposes and allows for accurate calculation of quantities during transactions.
HS Code 63059000 is eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty rates or exemptions for certain countries. The following is a list of special tariff preference programs applicable to this HS code:
These special tariff preference programs allow for reduced or exempted duty rates, promoting trade between specific countries and providing economic benefits.
HS Code 63059000 is applicable to both importing and exporting activities in the United States. The specific states involved in these activities may vary depending on the trade partners and the demand for sacks and bags for packing goods. However, some of the major importing and exporting states in the US include California, Texas, New York, Florida, and Illinois.
HS Code 63059000 encompasses sacks and bags made of textile materials used for the packing of goods. It has a bound or MFN duty rate of 6.2% and is measured in kilograms (KG). Various special tariff preference programs provide preferential treatment for this HS code, including duty-free treatment and reduced rates for specific countries. Understanding this HS code is essential for importers, exporters, and traders involved in the packaging and transportation of goods.