HS Code 58030030: Gauze (not narrow fabrics of heading 5806), except tapestry and upholstery fabrics, of wool or fine animal hair, weighing n/o 140 g/m2
Gauze is a versatile fabric that is widely used in various industries, including medical, fashion, and crafts. The HS Code 58030030 specifically refers to gauze made of wool or fine animal hair, weighing not more than 140 grams per square meter.
This HS code helps in classifying and identifying this specific type of gauze for import and export purposes. It ensures that all countries use the same code when trading this particular product, allowing for consistency and easy tracking of trade statistics.
The product description further clarifies that the gauze should not be in the form of narrow fabrics, tapestry, or upholstery fabrics. This means that the gauze is intended for general use and not specifically for decorative or furnishing purposes.
When importing or exporting gauze under this HS code, it is important to consider the applicable duty rates. The bound (Most Favored Nation) duty rate for this product is 16.5%. This means that whenever 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.
The quantity unit for gauze under this HS code is measured in square meters (M2). This allows for accurate measurement and calculation of the fabric's dimensions and quantities during trade transactions.
There are also special tariff preference programs available for gauze under this HS code. Some countries offer duty-free treatment for imports of this product, while others have reduced tariff rates. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central American countries (DR-CAFTA) provide special rates for importing gauze.
In terms of importing and exporting gauze under HS Code 58030030, there are no specific restrictions on the importing or exporting US states. However, it is worth noting that Georgia is mentioned twice in the data, possibly indicating that it has a significant role in the trade of this product.
Overall, HS Code 58030030 plays a crucial role in accurately classifying and identifying gauze made of wool or fine animal hair, weighing not more than 140 grams per square meter. It ensures consistent trade practices and allows for the implementation of special tariff preference programs, ultimately facilitating international trade in this product.
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