The HS Code 98220565 refers to goods of subheading 6203.43.40 under the terms of chapter rules for Chapter 62 in General Note 29(n). This code is used to classify and identify specific products for import and export purposes. Understanding the significance of this HS Code is essential for businesses involved in international trade.
The products categorized under HS Code 98220565 fall under a specific subheading, 6203.43.40, which is part of Chapter 62. Chapter 62 of the Harmonized System (HS) is dedicated to clothing and accessories, specifically articles of apparel and clothing accessories, including knitted or crocheted garments. Subheading 6203.43.40 further narrows down the classification to women's or girls' jackets and blazers of cotton.
When importing or exporting goods classified under HS Code 98220565, it is crucial to know the duty rates associated with them. The bound duty rate for this HS Code is the rate provided in the subheading, but with a reduction of 2.0% every time a country lowers a trade barrier or opens up a market. It is important to note that this reduction applies to all trading partners of the country. This provision ensures equal treatment for all trading partners and promotes fair trade practices.
The quantity unit for goods classified under HS Code 98220565 is not available (NA). This means that the specific unit of measurement or quantity for these goods is not specified or relevant for the purpose of classification. However, it is essential to provide accurate and detailed information about the quantity of goods being imported or exported when dealing with customs authorities.
Special tariff preference programs can offer certain benefits and exemptions for goods classified under HS Code 98220565. In this case, the goods are eligible for a special tariff preference program known as the Dominican Republic-Central American Special Rate (DR-CAFTA). This program allows for duty-free importation of these goods, providing cost advantages for businesses involved in trade between the United States and the Dominican Republic-Central American countries.
When importing goods classified under HS Code 98220565, it is important to consider the specific requirements and regulations of the importing and exporting US states. Different states may have varying regulations and procedures for customs clearance, documentation, and licensing. It is crucial to comply with these requirements to ensure smooth and legal trade operations.
HS Code 98220565 represents goods of subheading 6203.43.40 under the terms of chapter rules for Chapter 62. Understanding this code is essential for businesses engaged in international trade, as it helps classify and identify specific products for import and export purposes. Familiarizing oneself with the duty rates, special tariff preference programs, and state-specific regulations associated with this HS Code is crucial for successful and compliant trading operations.