Cords and tassels of textile materials fall under the HS Code 63079040. This code is used to classify and identify specific products for international trade purposes. Understanding the HS code is essential for importers and exporters as it helps in determining the correct duty rates, trade preferences, and regulatory requirements associated with the product.
Product Description: Cords and tassels of textile materials are decorative elements commonly used in various industries such as fashion, home furnishings, and crafts. They add an aesthetic touch and can be made from a variety of textile materials like cotton, polyester, silk, or wool. These cords and tassels are often used to embellish garments, curtains, pillows, and other textile products.
Bound / MFN Duty Rate: The bound duty rate refers to the maximum tariff rate that a country can impose on a specific product. In the case of HS Code 63079040, the bound duty rate is free. This means that importing countries must provide duty-free treatment to cords and tassels of textile materials from all their trading partners.
Quantity Unit: The quantity unit for HS Code 63079040 is kilograms (KG). This unit is used to measure the weight of the imported or exported cords and tassels.
Special Tariff Preference Programs: Certain countries have established special tariff preference programs that provide preferential treatment to specific products. For HS Code 63079040, the following special tariff preference programs apply:
These special tariff preference programs allow eligible countries to import cords and tassels of textile materials either duty-free or at a reduced duty rate.
Importing US States: The states in the United States that import cords and tassels of textile materials under HS Code 63079040 include Minnesota and Virginia.
Exporting US States: The article does not provide information about the specific states in the United States that export cords and tassels of textile materials under HS Code 63079040. However, it is important to note that the United States is a significant player in the global textile industry and exports a wide range of textile products to various countries.
HS Code 63079040 represents cords and tassels of textile materials used for decorative purposes in various industries. Importers and exporters need to be familiar with this code to ensure compliance with duty rates, trade preferences, and regulatory requirements. Understanding the specific tariff preference programs applicable to this code can also help businesses take advantage of duty-free or reduced-duty opportunities in eligible countries.