Buttons are small, often overlooked components of our clothing and accessories. They serve functional purposes, like fastening garments, but can also be decorative, adding a touch of style to our outfits. The HS Code 96062200 specifically refers to buttons made of base metal and not covered with textile material. Let's explore more about this HS code and its implications.
When importing or exporting buttons of this nature, it is crucial to understand the associated regulations, duties, and special tariff preference programs. This article aims to provide comprehensive information on HS Code 96062200, ensuring a better understanding of the product and its trade implications.
The product description for HS Code 96062200 is "Buttons, of base metal, not covered with textile material." This means that the buttons in question are made from a base metal, such as brass or steel, and do not have any textile material covering them. These buttons can be used in various industries, including fashion, textile, and accessories manufacturing.
The bound or most-favored-nation (MFN) duty rate for HS Code 96062200 is free. This means that when a country lowers trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. Therefore, importing or exporting buttons under this HS code does not incur any duty charges.
The quantity unit for HS Code 96062200 is gross (GRS). Gross refers to the total weight of the buttons, including packaging materials and any other associated components. It is essential to consider the weight and quantity when calculating shipping costs and managing inventory.
HS Code 96062200 is eligible for various special tariff preference programs. These programs provide certain countries with preferential treatment, including duty-free access to the respective markets. The countries currently enjoying these benefits for buttons under this HS code are:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing incentives for specific goods. Importers and exporters should familiarize themselves with the specific requirements and documentation needed to take advantage of these programs.
HS Code 96062200 applies to importing and exporting buttons throughout the United States. This means that businesses and individuals in any state can engage in the trade of buttons under this HS code. Whether you are in California, New York, Texas, or any other state, you can import or export buttons of base metal, not covered with textile material, without incurring duty charges.
Understanding HS Code 96062200 and its associated regulations, duties, and special tariff preference programs is crucial for businesses and individuals involved in the import and export of buttons. By staying informed and compliant, one can navigate international trade more efficiently and take advantage of the benefits provided by various trade agreements and programs.