Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 56029060: Felt, impregnated, coated or covered, of man-made fibers, nesoi

Felt, impregnated, coated or covered, of man-made fibers, nesoi is classified under HS Code 56029060. This article will provide an extensive overview of this HS code, including its product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and information about importing and exporting to/from the United States.

Product Description

HS Code 56029060 refers to felt products that are made from man-made fibers and are either impregnated, coated, or covered. The term "nesoi" stands for "not elsewhere specified or included," indicating that this HS code covers felt products that do not fall under any other specific category within the HS code system.

Bound/MFN Duty Rate

The bound/MFN (Most Favored Nation) duty rate for HS Code 56029060 is 6.3%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive equal treatment from all trading partners of a country.

Quantity Unit

The quantity unit for HS Code 56029060 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported felt products.

Special Tariff Preference Programs

Several special tariff preference programs apply to HS Code 56029060:

• Australia Special Rate: Felt products classified under this HS code receive duty-free treatment when imported into Australia.
• Automotive Products Trade Act (APTA): This program grants duty-free treatment to felt products imported into Bahrain.
• NAFTA for Canada: Felt products classified under this HS code receive duty-free treatment when imported into Canada.
• Chile Special Rate: Felt products classified under this HS code receive duty-free treatment when imported into Chile.
• Israel Special Rate: Felt products classified under this HS code receive duty-free treatment when imported into Israel.
• Jordan Special Rate: Felt products classified under this HS code receive duty-free treatment when imported into Jordan.
• NAFTA for Mexico: Felt products classified under this HS code receive duty-free treatment when imported into Mexico.
• Oman Special Rate: Felt products classified under this HS code receive duty-free treatment when imported into Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program grants duty-free treatment to felt products imported into the Dominican Republic and Central American countries.
• Peru Special Rate: Felt products classified under this HS code receive duty-free treatment when imported into Peru.
• Singapore Special Rate: Felt products classified under this HS code receive duty-free treatment when imported into Singapore.
• Morocco Special Rate: Felt products classified under this HS code receive a tariff rate of 0.6% when imported into Morocco.

Importing US States and Exporting US States

HS Code 56029060 is relevant for both importing and exporting felt products to/from the United States. The specific states involved in importing or exporting will vary based on trade activities and agreements. It is important for businesses to be aware of the regulations and requirements of the respective states when engaging in import or export activities related to this HS code.

Overall, HS Code 56029060 encompasses felt products made from man-made fibers that are impregnated, coated, or covered. It has a bound/MFN duty rate of 6.3% and is measured in kilograms. Various special tariff preference programs provide either duty-free treatment or reduced tariff rates for felt products classified under this HS code, depending on the importing country. Importing and exporting of felt products under this HS code can take place between various US states and international trading partners.