HS Code 62021990: Women's or girls' overcoats, carcoats, capes, cloaks & sim coats, of tex mats (except wool, cotton or mmf), con under 70% wt silk, not k/c
Women's fashion has always been a significant aspect of the textile industry. With the evolution of fashion trends and the increasing demand for stylish outerwear, the HS Code 62021990 plays a crucial role in international trade. This HS Code specifically refers to women's or girls' overcoats, carcoats, capes, cloaks, and sim coats made of textile materials (excluding wool, cotton, or man-made fibers) and containing less than 70% weight silk, but not knitted or crocheted.
The HS Code 62021990 helps classify and identify these specific types of women's outerwear for trade and regulatory purposes. It enables customs authorities and businesses to accurately categorize and track the import and export of these products. Let's explore more details about this HS Code and its implications.
Product Description:
The product description covered under HS Code 62021990 includes a wide range of women's outerwear. This category encompasses overcoats, carcoats, capes, cloaks, and sim coats, which are all designed to provide warmth, style, and protection from the elements. These garments are made of various textile materials, excluding wool, cotton, or man-made fibers, and must contain less than 70% weight silk. Additionally, the products covered by this HS Code are not knitted or crocheted.
Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate associated with HS Code 62021990 is 2.8%. The MFN duty rate is a standard rate applied to imports and exports between countries that are members of the World Trade Organization (WTO). It ensures that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
Quantity Unit:
The quantity unit for products classified under HS Code 62021990 is dozens (DOZ). This unit of measurement helps in determining the quantity of women's outerwear being imported or exported. Each dozen represents twelve units of the specific product.
Special Tariff Preference Programs:
Several countries have implemented special tariff preference programs for the products covered under HS Code 62021990. These programs provide certain advantages and exemptions to promote trade and economic cooperation. Here are some notable tariff preference programs and their respective rates:
- Free: Australia, Bahrain, Canada (under NAFTA), Chile, certain countries or products excluded from CBI eligibility, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore.
- 0.2%: Morocco.
These special rates or exemptions aim to facilitate trade between the importing and exporting countries by reducing or eliminating the duty or tariff costs associated with these products.
Importing US States:
The HS Code 62021990 covers the importation of women's outerwear into the United States. As this HS Code encompasses a broad range of products, these goods can be imported into various states across the country. The specific importing states may vary depending on the demand and distribution channels. Some notable states known for their fashion industry and import activities include New York, California, Texas, Florida, and Illinois.
Exporting US States:
Similarly, the HS Code 62021990 covers the exportation of women's outerwear from the United States to other countries. The exporting states may vary based on the location of manufacturers, fashion brands, and trade networks. Some prominent exporting states in the US for women's fashion include New York, California, Texas, Georgia, and North Carolina.
the HS Code 62021990 is an essential classification tool for women's outerwear in international trade. It allows for accurate identification, tracking, and regulation of these products. The associated duty rates and special tariff preference programs further influence the trade dynamics and promote economic cooperation among countries. Understanding the details and implications of HS Code 62021990 is crucial for businesses, customs authorities, and individuals involved in the import and export of women's overcoats, carcoats, capes, cloaks, and sim coats made of specific textile materials.
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