The HS Code 99024015 refers to Modacrylic staple fibers that contain at least 85% by weight of acrylonitrile units. These fibers are undyed, crimped, and have an average decitex of 1.1. They also have a length of 38 mm, falling under subheading 5503.30.00.
Modacrylic staple fibers are widely used in various industries, including textile manufacturing, automotive, and home furnishings. They are known for their flame-retardant properties, making them suitable for applications that require a high level of fire safety.
When importing or exporting Modacrylic staple fibers with the HS Code 99024015, it is essential to understand the relevant regulations and trade policies. One important concept to consider is the bound / MFN duty rate. This refers to the duty rate that a country has committed to applying to a specific product under the World Trade Organization (WTO) rules. The bound duty rate acts as a ceiling, and countries cannot impose higher tariffs on imports.
However, countries have the flexibility to apply lower duty rates or even eliminate tariffs through special tariff preference programs. These programs aim to promote trade and economic cooperation between nations. Some examples of special tariff preference programs include free trade agreements, regional trade agreements, and unilateral trade preference programs.
It is worth noting that the quantity unit for HS Code 99024015 is not available (NA). This means that the specific unit of measurement for the quantity of Modacrylic staple fibers is not specified in the data. It is advisable to refer to additional documentation or consult with relevant authorities to obtain accurate information regarding the quantity measurement for import or export purposes.
In terms of importing and exporting Modacrylic staple fibers with the HS Code 99024015, it is essential to consider the specific requirements and regulations of both the importing and exporting US states. Different states may have varying regulations, licensing requirements, or documentation procedures for the import or export of certain goods. Ensuring compliance with these state-specific regulations is crucial to avoid any potential issues or delays in trade.
HS Code 99024015 refers to Modacrylic staple fibers that meet specific criteria in terms of composition, dye, crimp, decitex, and length. These fibers are widely used in various industries and are known for their flame-retardant properties. When dealing with this HS Code, it is important to understand the bound / MFN duty rate, special tariff preference programs, and any state-specific regulations for importing or exporting.
More on HS code 99024015