When it comes to waterproof footwear, HS Code 64011000 plays a significant role in international trade. This code is used to classify and identify specific types of footwear that are not mechanically assembled and have outer soles and uppers made of rubber or plastics, along with a metal toecap. In this article, we will explore the various aspects of HS Code 64011000 and provide valuable information for those involved in the import and export of waterproof footwear.
Product Description:
The product description of HS Code 64011000 clearly states that it refers to waterproof footwear that is not mechanically assembled. This means that the footwear is not assembled using mechanical methods and is instead made using other processes. The footwear in question should have outer soles and uppers made of rubber or plastics, providing the necessary waterproofing properties. Additionally, these shoes must also feature a metal toecap, which adds an extra layer of protection.
Bound / MFN Duty Rate:
The bound / MFN duty rate for HS Code 64011000 is set at 37.5%. This rate applies to every country that lowers a trade barrier or opens up a market. It is important to note that when a country reduces trade barriers for a specific product, it must do so for the same goods or services from all its trading partners. This ensures fair and equal treatment for all parties involved in international trade.
Quantity Unit:
The quantity unit for HS Code 64011000 is pairs (PRS). This means that the footwear is measured and traded in pairs. When importing or exporting waterproof footwear classified under this HS code, the quantity should be specified in pairs, providing a standardized unit of measurement for easy trade transactions.
Special Tariff Preference Programs:
Several countries have special tariff preference programs in place for waterproof footwear classified under HS Code 64011000. These programs offer preferential treatment in terms of duty rates, providing certain countries with advantages when importing or exporting these products. Here are some examples:
These special tariff preference programs aim to promote trade and provide incentives for certain countries to import or export waterproof footwear. By offering lower duty rates or duty-free treatment, these programs create opportunities for businesses to engage in international trade on more favorable terms.
Importing US States:
While no specific exporting US states are mentioned in the provided data, it is worth noting that waterproof footwear classified under HS Code 64011000 can be imported into various US states. Among the states mentioned are Minnesota and Virginia. These states present potential opportunities for businesses looking to import and distribute waterproof footwear within the United States.
Conclusion:
HS Code 64011000 serves as a vital classification for waterproof footwear in international trade. With its detailed product description, bound / MFN duty rate, quantity unit, and special tariff preference programs, this HS code provides essential information for importers, exporters, and businesses involved in the trade of waterproof footwear. By understanding the specifics of this HS code and the related regulations and programs, businesses can navigate the global market more effectively and take advantage of the benefits provided by special tariff preference programs.