The HS Code 64061020 refers to a specific category of footwear components known as formed uppers. These uppers are made of textile materials and do not contain leather on at least 50% of their external surface. This code is used to classify and identify these particular types of footwear parts for import and export purposes.
When importing or exporting products, it is essential to understand the HS code classification system. HS codes are standardized codes used globally to classify traded products. They help customs authorities determine the appropriate duties and regulations for specific goods. In the case of HS Code 64061020, it specifically applies to formed uppers for footwear made of textile materials without substantial use of leather.
The bound or MFN (Most Favored Nation) duty rate for HS Code 64061020 is 10.5%. This means that countries must impose this duty rate when importing or exporting formed uppers for footwear made of textile materials without substantial use of leather. The MFN principle ensures that all trading partners receive equal treatment in terms of trade barriers and market access.
The quantity unit for HS Code 64061020 is pairs (PRS). This unit indicates the number of pairs of formed uppers being imported or exported.
There are also several special tariff preference programs associated with HS Code 64061020. These programs provide specific countries with preferential treatment or reduced duty rates for importing or exporting formed uppers for footwear made of textile materials without substantial use of leather. Some of these programs include:
When it comes to importing HS Code 64061020 into the United States, the following states are major importers:
These states have significant demand for formed uppers for footwear made of textile materials without substantial use of leather.
Understanding and correctly applying HS Code 64061020 is crucial for importers, exporters, and customs authorities. It ensures proper classification, accurate duty assessment, and adherence to trade regulations. By using this code, businesses can effectively navigate the global trade landscape and facilitate the smooth movement of formed uppers for footwear made of textile materials without substantial use of leather.