Needlecraft sets for making up into rugs, etc., fall under the HS Code 63080000. These sets consist of woven fabric and yarn, whether or not they come with accessories, and are packaged for retail sale. This article will provide a detailed overview of the HS Code 63080000, including its product description, duty rates, quantity unit, special tariff preference programs, and information about importing and exporting to specific US states.
The HS Code 63080000 includes needlecraft sets that are specifically designed for making rugs and other similar products. These sets usually contain woven fabric, yarn, and may include accessories such as needles or patterns. They are packaged in a way that makes them suitable for retail sale. The HS Code 63080000 ensures that these sets can be properly classified and regulated during international trade.
The bound or Most Favored Nation (MFN) duty rate for the HS Code 63080000 is 11.4%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate is applied to the customs value of the imported goods and is subject to change based on international trade agreements and negotiations.
The quantity unit for the HS Code 63080000 is kilograms (KG). This unit of measurement is used to determine the weight of the needlecraft sets being imported or exported. It allows for accurate assessment of the quantity of goods involved in international trade transactions.
The HS Code 63080000 is eligible for various special tariff preference programs, which provide reduced or duty-free rates for specific countries. The following countries have special tariff rates for this HS Code:
These special tariff preference programs aim to facilitate trade and promote economic cooperation between the countries involved. Importers and exporters should take advantage of these programs to reduce costs and increase competitiveness in the global market.
For imports of needlecraft sets under the HS Code 63080000, the following US states play a significant role:
These states are known for their active involvement in importing needlecraft sets. Businesses and individuals in these states may have specific regulations, incentives, or trade associations that cater to the importation of goods under the HS Code 63080000.
There is no specific information available regarding the exporting US states for needlecraft sets under the HS Code 63080000. However, it is essential to note that the United States is a significant exporter of various textile and handicraft products, including needlecraft sets. Exporters from different states may engage in the trade of these sets, contributing to the global market.
the HS Code 63080000 covers needlecraft sets for making up into rugs, etc., consisting of woven fabric and yarn, whether or not they come with accessories, and are packaged for retail sale. Importers and exporters should be aware of the duty rates, special tariff preference programs, and specific US states involved in the trade of these sets. Understanding the regulations and incentives related to the HS Code 63080000 can help businesses navigate international trade effectively.