The HS Code 99020507 represents a specific product in international trade - High Tenacity Single Yarn of Viscose Rayon. This product is classified under subheading 5403.10.30 of the Harmonized System (HS), which is an internationally recognized system for classifying goods. The HS Code provides a standardized way of identifying and categorizing products for customs and trade purposes.
The product description of HS Code 99020507 specifies that it is a single yarn made of viscose rayon. Viscose rayon is a type of cellulose fiber that is derived from wood pulp or other sources of cellulose. It is known for its softness, drapability, and ability to absorb moisture.
What sets HS Code 99020507 apart is its high tenacity and a decitex equal to or greater than 1,000. Tenacity refers to the strength of the yarn, which determines its ability to withstand tension or stretching forces. Yarns with high tenacity are ideal for applications that require durability and resistance to breakage. The decitex measurement indicates the thickness of the yarn, with higher values indicating thicker yarns.
When it comes to trade, the HS Code plays a crucial role in customs procedures and trade negotiations. Each country has its own tariff schedule that determines the customs duty rates for different products. The bound or Most Favored Nation (MFN) duty rate for HS Code 99020507 is free. This means that when a country lowers a trade barrier or opens up a market, it must apply the same duty rate of zero for this product to all its trading partners.
The quantity unit for HS Code 99020507 is not available (NA). This information signifies that the specific unit of measurement for this product is not specified or may vary depending on the context or trade agreement.
Special tariff preference programs may also apply to HS Code 99020507. These programs are designed to provide additional benefits or reduced duty rates for specific products based on various criteria such as origin, destination, or purpose. It is advisable for importers and exporters to familiarize themselves with the relevant programs and regulations to take advantage of any preferential treatment.
When importing HS Code 99020507 to the United States, the exporting US states may vary depending on the production and distribution of viscose rayon yarn. Similarly, the exporting US states may differ based on market demand and trade flows. It is essential for traders to research and identify the specific states that can supply or demand this product.
HS Code 99020507 represents High Tenacity Single Yarn of Viscose Rayon. This product is classified under subheading 5403.10.30 of the HS, indicating its specific characteristics and composition. Understanding the HS Code is essential for international trade, as it facilitates customs procedures, determines duty rates, and provides information about the product. Importers and exporters should stay updated with the relevant regulations and special tariff preference programs to maximize the benefits of trading HS Code 99020507.