Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 96062940: Buttons, of pearl or shell

Buttons are a simple yet essential component of clothing and accessories. They not only serve a functional purpose of fastening garments but also add aesthetic value to the overall design. HS Code 96062940 specifically refers to buttons made from pearl or shell materials.

Pearl and shell buttons have been used for centuries due to their natural beauty and durability. These buttons are made from various types of shells, including mother-of-pearl, abalone, and sea snail shells. The unique patterns and iridescent colors of these materials make them highly sought after by designers and fashion enthusiasts.

When importing or exporting buttons classified under HS Code 96062940, it is important to consider the applicable duty rates. The bound or most-favored-nation (MFN) duty rate for these buttons is 0.18 cents per line/gross plus 2.5%. This means that for every line or gross of buttons, a duty of 0.18 cents is applied, along with an additional 2.5% of the total value.

Trade barriers and market openings can affect the duty rates for these buttons. Whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This ensures fair and equal treatment in international trade.

The quantity unit for buttons classified under HS Code 96062940 is gross (GRS). A gross refers to a unit of measurement equal to 144 items. Therefore, when purchasing or selling these buttons, they are typically measured and priced per gross.

Several special tariff preference programs are available for buttons of pearl or shell under HS Code 96062940. These programs provide duty-free treatment or reduced duty rates for specific trading partners. Some of the notable programs include:

• Generalized System of Preferences (GSP): This program grants duty-free treatment to eligible countries, promoting economic growth and development.
• Australia Special Rate: Australia enjoys a special rate for importing these buttons.
• Bahrain Special Rate: Bahrain also benefits from a special rate for these buttons.
• NAFTA for Canada: Under the North American Free Trade Agreement, Canada receives duty-free treatment for these buttons.
• Chile Special Rate: Chile has a special rate for importing buttons of pearl or shell.
• Caribbean Basin Initiative (CBI): Certain Caribbean countries have preferential access to the US market, including duty-free treatment for these buttons.
• Israel Special Rate: Israel enjoys duty-free treatment for buttons classified under HS Code 96062940.
• Andean Trade Preference Act (ATPA): Countries within the Andean region have preferential access to the US market, including a special rate for these buttons.
• Jordan Special Rate: Jordan benefits from a special rate for importing buttons of pearl or shell.
• Morocco Special Rate: Morocco also has a special rate for these buttons.
• NAFTA for Mexico: Similar to Canada, Mexico receives duty-free treatment for these buttons under NAFTA.
• Oman Special Rate: Oman enjoys a special rate for importing buttons of pearl or shell.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Countries within the DR-CAFTA region receive preferential treatment, including duty-free access to the US market for these buttons.
• Peru Special Rate: Peru benefits from a special rate for importing buttons of pearl or shell.
• Singapore Special Rate: Singapore enjoys a special rate for these buttons.

When importing buttons classified under HS Code 96062940 into the United States, it is important to consider the specific regulations and requirements of each state. Likewise, when exporting these buttons from the United States, it is crucial to be aware of the regulations and requirements of the destination country.

Buttons made from pearl or shell materials are not only functional but also add a touch of elegance to garments and accessories. Their natural beauty and versatility make them highly desirable in the fashion industry. Understanding the HS Code and the associated duty rates and tariff preference programs can greatly assist importers and exporters in conducting their business effectively and efficiently.