When it comes to personal style and expression, wigs and false beards have been a popular choice for centuries. These hairpieces not only help people transform their appearance but also play a significant role in various industries such as entertainment, fashion, and even medical purposes. In order to facilitate international trade of these products, the World Customs Organization (WCO) has assigned a specific Harmonized System (HS) code, 67049000, for wigs, false beards, eyebrows, and similar items made from animal hair or textile materials (excluding synthetic textiles).
The HS code 67049000 is a classification system used by customs authorities worldwide to streamline the import-export process. By assigning a unique code to each product, it helps in identifying and categorizing goods for various purposes such as tariff determination, statistical analysis, and trade policy formulation. Let's delve deeper into the details of this HS code and explore its implications.
The HS code 67049000 specifically covers wigs, false beards, eyebrows, and other similar items made from animal hair or textile materials. These products are distinct from synthetic textiles, which fall under different HS codes. The code ensures that the customs authorities can accurately identify and classify these specific items during the import-export process.
The bound / most-favored-nation (MFN) duty rate for HS code 67049000 is free. This means that when a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. As a result, countries applying this HS code will not impose any duty charges on imports or exports of wigs, false beards, and similar items made from animal hair or textile materials.
The quantity unit for HS code 67049000 is "no units collected (X)." This indicates that the quantity of wigs, false beards, and similar items is not measured or collected in a specific unit. It could be due to the varying sizes, lengths, or other factors that make it difficult to measure these products uniformly.
Several countries offer special tariff preference programs for imports and exports of goods falling under HS code 67049000. These programs aim to facilitate trade and promote economic cooperation among countries. The following countries provide special tariff rates for wigs, false beards, and similar items:
In addition to these special tariff preference programs, Morocco offers a 3% special rate for imports and exports of wigs, false beards, and similar items.
HS code 67049000 applies to imports and exports of wigs, false beards, and similar items across all US states. Whether it's California, New York, Texas, or any other state, the classification and tariff treatment remain the same. This uniformity ensures consistency in trade policies and facilitates seamless movement of these products within the United States.
the HS code 67049000 plays a crucial role in international trade by providing a specific classification for wigs, false beards, and similar items made from animal hair or textile materials. It enables customs authorities to accurately identify, categorize, and apply the appropriate tariff treatment to these products. With special tariff preference programs and a duty-free rate, this HS code encourages trade and economic cooperation among countries. So, whether you're a fashion enthusiast, an actor preparing for a role, or a business involved in the wig industry, understanding HS code 67049000 is essential for a smooth and hassle-free import-export process.