When it comes to hats and headgear, the HS Code 65040060 is an essential code used to classify a specific type of product. This code refers to hats and headgear that are plaited or assembled from strips of vegetable fibers or unspun fibrous vegetable materials and/or paper yarn, without being sewn. Let's delve deeper into this HS code and understand its significance in international trade.
The HS Code 65040060 categorizes hats and headgear made from plaited or assembled strips of vegetable fibers or unspun fibrous vegetable materials and/or paper yarn. These products are not sewn, distinguishing them from other types of headgear. This code specifically applies to hats and headgear that fall under this description.
The bound / MFN (Most Favored Nation) duty rate for HS Code 65040060 is 94 cents per dozen. Additionally, there is a 4.6% duty rate imposed every time a country lowers a trade barrier or opens up a market. This means that countries must apply the same duty rates for the same goods or services from all their trading partners.
The quantity unit for HS Code 65040060 is dozens (DOZ). This means that the measurement and trade of hats and headgear falling under this code are typically done in multiples of dozens.
Several special tariff preference programs are applicable to hats and headgear under HS Code 65040060. These programs offer various benefits, including duty-free treatment or preferential rates. Here are some of the programs and their associated benefits:
These special tariff preference programs aim to promote trade and provide benefits to countries involved in the import and export of hats and headgear under this HS code.
The HS Code 65040060 applies to hats and headgear traded internationally, including imports and exports involving the United States. This code is used to classify and track the movement of hats and headgear made from vegetable fibers and paper yarn. It is applicable to all states within the United States, both as importers and exporters of these products.
Understanding the HS Code 65040060 is crucial for businesses involved in the import and export of hats and headgear. This code helps streamline trade processes and ensures proper classification of products for customs purposes. Being aware of the associated duty rates and special tariff preference programs allows businesses to optimize their trade activities and take advantage of any available benefits.
the HS Code 65040060 refers to hats and headgear made from plaited or assembled strips of vegetable fibers or unspun fibrous vegetable materials and/or paper yarn, without being sewn. This code plays a significant role in international trade, allowing for accurate classification, duty calculation, and utilization of special tariff programs. Businesses involved in the import and export of hats and headgear should be well-informed about this HS code to ensure compliance and maximize trade opportunities.