The HS Code 60053200 refers to dyed warp knit fabrics of synthetic fibers. These fabrics are produced using galloon knitting machines and are classified under this HS code if they are made of synthetic fibers other than those specified under headings 6001 to 6004.
When importing or exporting these fabrics, it is important to understand the relevant duty rates and special tariff preference programs associated with them. Let's explore these details further.
The bound / MFN (Most-Favored Nation) duty rate for HS Code 60053200 is 10%. 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 equal treatment for all countries involved in trade.
The quantity unit for HS Code 60053200 is kilograms (KG). This is the standard unit of measurement used to determine the weight of the imported or exported fabric.
Several countries have special tariff preference programs in place for HS Code 60053200. These programs offer reduced or duty-free rates for importing or exporting these fabrics. Here are the details:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing incentives for importing or exporting specific goods or services.
HS Code 60053200 can be imported or exported to and from various states in the United States. The specific states involved in the import or export process may vary depending on the business transactions and agreements between the parties involved.
It is essential for businesses and individuals engaged in the import or export of dyed warp knit fabrics of synthetic fibers to comply with the regulations and requirements set forth by the relevant customs authorities in both the exporting and importing countries. This ensures smooth and lawful trade operations.
Understanding the details of HS Code 60053200, including the product description, duty rates, quantity units, and special tariff preference programs, is crucial for businesses and individuals involved in the trade of dyed warp knit fabrics of synthetic fibers. By staying informed and compliant, they can benefit from the opportunities presented by global trade.