Woven fabrics play an integral role in various industries, offering versatility, durability, and aesthetic appeal. One such fabric that falls under the HS Code 54076119 is a woven fabric made of dyed, 85% or more non-textured polyester filament. This article aims to provide an extensive overview of this specific HS Code, including its product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states.
The woven fabric classified under HS Code 54076119 is specifically designed with warp ranging from 69 to 142 and filling exceeding 31 to 71. However, it is important to note that this fabric does not consist of 100% polyester single yarn. Instead, it contains polyester yarn with a denier of 75-80 and 24 filaments per yarn. Additionally, the fabric exhibits excellent quality with over 900 turns per meter.
When importing goods classified under HS Code 54076119, a bound or Most-Favored-Nation (MFN) duty rate is applicable. The duty rate for this particular HS Code is 19.4 cents per kilogram, with an additional 18% charged every time a country lowers a trade barrier or opens up a market. This emphasizes the principle of non-discrimination, where all trading partners must receive the same treatment for goods or services.
The quantity unit for woven fabrics falling under HS Code 54076119 is measured in square meters (M2). This unit allows for accurate measurement and evaluation of the fabric's size and quantity.
Several countries have established special tariff preference programs for the importation of woven fabrics classified under HS Code 54076119. These programs aim to promote international trade and foster economic cooperation. The following are the special tariff preference programs available for this HS Code:
These special tariff preference programs enable importers and exporters to benefit from reduced or zero tariffs, facilitating trade relationships between participating countries.
The woven fabrics falling under HS Code 54076119 are imported into various US states, contributing to the thriving textile industry of the country. Similarly, these fabrics are exported from the US to fulfill the global demand for high-quality woven fabrics. The specific importing and exporting US states for this HS Code may vary based on market demand, availability of manufacturing facilities, and trade relationships.
HS Code 54076119 encompasses woven fabrics made from dyed, non-textured polyester filament. This article provided a comprehensive insight into the product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states associated with this HS Code. Understanding the details of this HS Code is crucial for importers, exporters, and individuals involved in the textile industry, ensuring compliance with trade regulations and facilitating international trade.