HS Code 96159060 - Hair Accessories and Parts Thereof, and Parts of Combs, Hair Slides, etc. NESOI
Hair accessories play an essential role in our daily lives, helping us achieve different hairstyles and enhancing our appearance. These accessories include various items such as hair combs, hair slides, and other similar products. The Harmonized System (HS) has assigned a specific code, 96159060, to classify these hair accessories and their parts.
The HS Code 96159060 is used to identify and classify hair accessories and parts thereof, including combs, hair slides, and other similar products that are not elsewhere specified or included (NESOI). This code is essential for international trade purposes as it ensures that these products are correctly identified and categorized.
One significant aspect of the HS Code is the bound/Most Favored Nation (MFN) duty rate, which is set at 11% for hair accessories and parts thereof classified under HS Code 96159060. The MFN duty rate is a standard duty rate that applies to all countries equally. It ensures that when 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.
The quantity unit for HS Code 96159060 is reported as "no units collected (X)." This means that the quantity of these hair accessories is not measured in specific units but rather falls under a general category.
In terms of tariff preference programs, several countries offer special rates or duty-free treatment for hair accessories and parts thereof under HS Code 96159060. Some of these programs include:
- Free: Generalized System of Preferences (GSP) (duty-free treatment)
- Australia Special Rate
- Bahrain Special Rate
- NAFTA for Canada (duty-free treatment)
- Chile Special Rate
- Caribbean Basin Initiative (CBI)
- Israel Special Rate (duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
- Singapore Special Rate (1.3%)
These tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods. Importers can take advantage of these programs to lower their costs and make their products more competitive in the international market.
When it comes to importing hair accessories and parts thereof under HS Code 96159060, several US states engage in this trade. The District of Columbia, New York, Delaware, Florida, and Missouri are among the states that import these products. This indicates the demand and popularity of hair accessories among consumers in these regions.
On the other hand, when it comes to exporting hair accessories classified under HS Code 96159060, several US states are actively involved. New York, the District of Columbia, Wyoming, Florida, and Hawaii are among the states that export these products. This demonstrates the global reach and competitiveness of US hair accessories in international markets.
HS Code 96159060 is the specific code assigned to hair accessories and parts thereof, including combs, hair slides, and other similar products. This code plays a crucial role in international trade, ensuring that these products are properly identified and classified. The bound/MFN duty rate for these products is 11%, and various tariff preference programs offer special rates or duty-free treatment. Importers and exporters in different US states engage in the trade of these hair accessories, highlighting their demand and competitiveness in the global market.
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