Ties, bow ties, and cravats are popular accessories that add a touch of elegance to any outfit. Made from silk or silk waste, these items are known for their luxurious feel and exquisite appearance. In this article, we will explore the details of HS Code 62151000, which specifically covers non-knitted or crocheted ties, bow ties, and cravats made of silk or silk waste.
HS Code 62151000 refers to ties, bow ties, and cravats that are not knitted or crocheted. These accessories are made from silk or silk waste, which ensures their high-quality and durability. Silk is a natural fiber known for its softness, luster, and ability to drape elegantly. Silk waste, on the other hand, refers to the by-products of silk production, such as broken threads or damaged cocoons, which are also used to create these accessories.
The bound or most-favored-nation (MFN) duty rate for HS Code 62151000 is 7.2%. 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. The MFN duty rate ensures fair and equal treatment in international trade.
The quantity unit for HS Code 62151000 is dozens (DOZ). This unit of measurement is used to indicate the quantity of ties, bow ties, and cravats being imported or exported.
Several special tariff preference programs are applicable to HS Code 62151000. These programs offer either duty-free treatment or reduced tariff rates for importing countries. The following countries and programs are relevant:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods.
HS Code 62151000 is relevant for the following importing US states:
These states are known for their active trade in ties, bow ties, and cravats made of silk or silk waste.
The exporting US states for HS Code 62151000 are not specified in the provided data.
HS Code 62151000 covers ties, bow ties, and cravats made of silk or silk waste. Importers and exporters should be aware of the specific duty rates, quantity units, and special tariff preference programs associated with this HS Code. Understanding these details can facilitate smooth international trade and promote the availability of these luxurious accessories worldwide.