The HS Code 63109020 refers to a specific category of products in international trade. It is used to classify and identify goods that fall under the description of "Used or new rags, scrap and worn out articles of twine, cordage, rope or cables, of textile materials nesoi, not sorted". This code is used by customs authorities and trade organizations to facilitate the global trade of these products.
When importing or exporting goods, it is important to know the HS Code of the product to ensure proper classification and adherence to trade regulations. The HS Code 63109020 specifically applies to products that are made of textile materials and are either used or new rags, scrap, or worn-out articles of twine, cordage, rope, or cables. These products are not sorted, meaning they may contain a mix of different materials or conditions.
The quantity unit for this HS Code is kilograms (KG). This means that the weight of the goods being imported or exported will be measured in kilograms.
One important aspect to consider when dealing with the HS Code 63109020 is the bound/MFN duty rate. The bound duty rate refers to the maximum rate of duty that a country can impose on these products. The MFN (Most-Favored Nation) duty rate, on the other hand, is the rate that a country applies to imports from all its trading partners. In the case of this HS Code, the bound/MFN duty rate is free. This means that there are no duties imposed on imports or exports of these products.
In addition to the bound/MFN duty rate, there are also special tariff preference programs that apply to the HS Code 63109020. These programs provide preferential treatment, such as duty-free access, to certain countries. For this HS Code, the following countries enjoy special tariff preferences: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic-Central American countries (under DR-CAFTA), Peru, and Singapore.
It is worth noting that the HS Code 63109020 is relevant for importers and exporters in specific US states. The importing US states for this HS Code are Minnesota and Virginia. This information is important for businesses based in these states, as they need to be aware of the regulations and requirements associated with importing or exporting products under this HS Code.
the HS Code 63109020 classifies and identifies used or new rags, scrap, and worn-out articles of twine, cordage, rope, or cables made of textile materials that are not sorted. It is important for businesses involved in international trade to be familiar with this HS Code and its associated regulations. By understanding the HS Code 63109020, importers and exporters can ensure compliance with trade policies and take advantage of any special tariff preference programs that may apply.