The HS Code 54083290 refers to woven fabrics made of artificial filament yarn, which are not elsewhere specified or included (nesoi). These fabrics are dyed and fall under the category of textiles. The HS Code is an international standard for classifying and categorizing products for customs and trade purposes. It helps in the identification and classification of goods for import and export.
The product description provides information about the specific type of fabric covered by this HS Code. It includes fabrics made of artificial filament yarn, which are woven and dyed. The term "nesoi" stands for "not elsewhere specified or included," indicating that this category includes fabrics that do not fall under any other specific classification.
The Bound / MFN duty rate for this HS Code is 15%. The MFN (Most Favored Nation) duty rate is the standard rate applied to imports from all trading partners. It is the rate that a country must apply to imports from all its trading partners, regardless of any preferential trade agreements. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for this HS Code is square meters (M2). This unit is used to measure and quantify the woven fabrics of artificial filament yarn covered by this code.
There are also special tariff preference programs applicable to this HS Code. These programs provide preferential treatment in terms of duty rates for certain countries. The following countries enjoy special tariff rates for this product:
The special tariff preference programs allow these countries to import the specified woven fabrics at lower duty rates compared to the MFN rate. This promotes trade and economic cooperation between the countries involved.
When importing goods under this HS Code, it is important to consider the specific regulations and requirements of the importing and exporting US states. Each state may have its own rules and regulations regarding the import and export of textiles and other goods. It is advisable to consult the relevant authorities or seek professional advice to ensure compliance with all applicable laws and regulations.
HS Code 54083290 covers woven fabrics made of artificial filament yarn, which are dyed and not elsewhere specified or included. The code is used for the classification and identification of these fabrics for customs and trade purposes. The Bound / MFN duty rate is 15%, and there are special tariff preference programs applicable to certain countries, allowing them to import these fabrics at lower duty rates. Importers and exporters should also consider the regulations and requirements of the importing and exporting US states to ensure compliance with all applicable laws.