HS Code 60052400 refers to printed warp knit fabrics made of cotton. These fabrics are classified under this HS code if they are not covered by headings 6001 to 6004. Printed warp knit fabrics are produced using galloon knitting machines and are commonly used in various industries.
When importing or exporting goods classified under HS Code 60052400, it is essential to understand the associated trade barriers, duty rates, and special tariff preference programs. This article provides comprehensive information regarding these aspects.
Printed warp knit fabrics of cotton fall under HS Code 60052400. This code specifically excludes fabrics covered by headings 6001 to 6004. Warp knit fabrics are produced by interlocking loops in a lengthwise direction, creating a stable and stretchable fabric. The cotton material used in these fabrics offers comfort, breathability, and durability.
The bound / MFN (Most Favored Nation) duty rate for HS Code 60052400 is 10%. The MFN principle ensures that when a country lowers trade barriers or opens up its market, it must apply the same treatment to all its trading partners for the same goods or services. This duty rate is applicable regardless of the country of origin or destination.
The quantity unit for HS Code 60052400 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported printed warp knit fabrics of cotton. It facilitates accurate calculation and documentation of the quantity being traded.
Several countries offer special tariff preference programs for goods classified under HS Code 60052400. These programs provide reduced or zero-duty rates, promoting trade and economic cooperation among participating countries. The following are the special tariff preference programs applicable to printed warp knit fabrics of cotton:
These special tariff preference programs aim to facilitate trade between the countries involved, providing cost advantages and promoting economic growth.
HS Code 60052400 covers the importation of printed warp knit fabrics of cotton into the United States. Importers from various states across the country can engage in trade involving these fabrics. The specific importing states may vary depending on market demand, manufacturing capabilities, and other relevant factors.
HS Code 60052400 covers the exportation of printed warp knit fabrics of cotton from the United States. Exporters from different states within the country can benefit from international trade opportunities for these fabrics. The choice of exporting states may depend on factors such as production capacity, transportation infrastructure, and market demand.
HS Code 60052400 encompasses printed warp knit fabrics of cotton. This article has provided a comprehensive overview of the product description, bound / MFN duty rate, quantity unit, special tariff preference programs, and the importing and exporting US states associated with this HS code. Understanding these details is crucial for businesses and individuals involved in international trade of printed warp knit fabrics of cotton.