When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products. Each product is assigned a unique HS code, which helps in determining the customs duty rates, import and export regulations, and other trade-related information.
The HS code 62102030 refers to men's or boys' garments made of synthetic materials, similar to those covered under codes 6201.11-6201.19. These garments have an outer surface that is impregnated, coated, or treated with rubber or plastic. Additionally, the underlying fabric is completely obscured, making it non-knit/crocheted.
Let's dive deeper into the details of this HS code and explore its implications for international trade.
The HS code 62102030 specifically covers men's or boys' garments made of synthetic materials. These garments are similar to those covered under codes 6201.11-6201.19, which include items like men's suits, trousers, shorts, and other outerwear.
What sets these garments apart is the treatment they undergo. The outer surface of these garments is impregnated, coated, or treated with rubber or plastic. This treatment provides additional protection against water, wind, and other outdoor elements, making them suitable for various weather conditions.
Furthermore, the underlying fabric of these garments is completely obscured, meaning that it is not visible from the outside. This characteristic gives the garments a smooth and sleek appearance.
Importing goods under the HS code 62102030 may incur a duty rate of 3.8%. This rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment.
The quantity unit for products classified under HS code 62102030 is dozens (DOZ). This unit represents a group of twelve items. It allows for easier calculation and standardization of trade quantities.
Several countries have established special tariff preference programs for products falling under HS code 62102030. These programs provide certain benefits or exemptions from customs duties. Here are some examples:
Additional special rates apply to specific countries:
These special tariff preference programs aim to promote trade and strengthen economic ties between countries. They provide incentives for importers and exporters to engage in business activities by reducing or eliminating customs duties.
HS code 62102030 is relevant for both importing and exporting goods to and from the United States. The specific states involved in these trade activities may vary depending on various factors such as production centers, consumer demand, and distribution networks.
As an importer or exporter, it is essential to stay informed about the customs regulations, duty rates, and any trade agreements that may affect your business operations. Understanding the HS code system and its implications can help you navigate the international trade landscape more effectively.
the HS code 62102030 identifies men's or boys' garments made of synthetic materials, impregnated with rubber or plastic. This code plays a crucial role in determining the customs duty rates and trade regulations associated with these products. By understanding the details and implications of HS code 62102030, importers and exporters can make informed decisions and optimize their international trade activities.