The HS Code 52054600 refers to multiple or cabled cotton yarn, which contains 85% or more cotton by weight. This yarn is made from combed fibers and has a thickness of more than 80nm but not exceeding 94nm for a single yarn. It is important to note that this product is not put up for retail sale.
When importing or exporting this product, it is essential to be aware of the duty rates associated with it. The bound or most-favored-nation (MFN) duty rate for HS Code 52054600 is 12%. This means that every time a country reduces a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners.
The quantity unit for this product is kilograms (KG). This means that the weight of the cotton yarn is measured in kilograms when importing or exporting.
There are also special tariff preference programs available for HS Code 52054600. The following countries or regions offer duty-free treatment for this product: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic and Central America (under DR-CAFTA), Peru, and Singapore.
It is important to note that these special tariff preference programs may vary in terms of eligibility criteria and specific benefits. Importers and exporters should thoroughly research and understand the requirements and benefits of each program before utilizing them.
When importing HS Code 52054600 into the United States, it is crucial to consider the specific states involved in the trade. Similarly, when exporting this product from the United States, the destination states should be taken into account. The regulations, logistics, and any additional requirements may vary from state to state.
HS Code 52054600 represents multiple or cabled cotton yarn, which is primarily made of combed fibers and contains 85% or more cotton by weight. The duty rate for this product is 12%, and there are special tariff preference programs available for eligible countries or regions. Importers and exporters should be aware of the quantity unit (kilograms) and any specific requirements or benefits associated with the special tariff preference programs. Additionally, considering the importing or exporting states is crucial for complying with state-specific regulations and requirements.