HS Code 58019020: Woven Pile Fabrics and Chenille Fabrics of Textile Materials
Woven pile fabrics and chenille fabrics of textile materials are classified under HS Code 58019020. This code specifically refers to fabrics that are not included in heading 5802 or 5806. In this article, we will explore the details of this HS code and provide additional information about the products it represents.
The HS code system is an internationally recognized classification system used to standardize the identification of traded goods. It helps in simplifying international trade by categorizing products based on their characteristics and nature. HS Code 58019020 focuses on woven pile fabrics and chenille fabrics of textile materials that do not fall under other specific fabric headings.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 58019020 is 2.7%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This ensures fair and non-discriminatory treatment in international trade.
The quantity unit for products classified under HS Code 58019020 is square meters (M2). This unit of measurement refers to the area covered by the fabric. It is essential for calculating the quantity and value of the imported or exported products.
Certain special tariff preference programs apply to products classified under HS Code 58019020. These programs provide preferential treatment in terms of duty rates for specific countries. Some of the special tariff preference programs include:
1. Free (AU, BH, CA, CL, E*, IL, J*, JO, MX, OM, P, PE, SG): Under this program, eligible countries can import products classified under HS Code 58019020 duty-free. Countries such as Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore are among those eligible for this special rate.
2. 0.3% (MA): Morocco is eligible for a special rate of 0.3% duty when importing products classified under HS Code 58019020.
It is important to note that the list of countries and specific products eligible for these special tariff preference programs may vary and are subject to change. Importers and exporters should always check the latest regulations and agreements to ensure compliance and take advantage of any applicable benefits.
In terms of importing and exporting HS Code 58019020 products, various US states engage in trade. However, for the purpose of this article, the state of Georgia is mentioned as an example of both the importing and exporting US states.
HS Code 58019020 represents woven pile fabrics and chenille fabrics of textile materials that do not fall under other specific fabric headings. This code helps in standardizing the classification and identification of these products for international trade purposes. Understanding the HS code and any applicable special tariff preference programs is crucial for importers and exporters to ensure compliance and take advantage of any available benefits.
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