In this article, we will explore the HS Code 62171010, which refers to made up clothing accessories containing silk. These accessories are not knitted or crocheted and must contain 70% or more by weight of silk or silk waste. Let's delve deeper into the details and implications of this HS Code.
Product Description:
When importing or exporting goods, it is crucial to correctly classify them according to their HS Code. This code serves as a universal identifier for products in international trade. HS Code 62171010 specifically refers to clothing accessories made with a significant proportion of silk.
Bound / MFN Duty Rate:
The Bound / MFN (Most Favored Nation) duty rate for HS Code 62171010 is set at 2.3%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to goods or services from all its trading partners. The duty rate is a percentage of the product's value and is payable by the importer to the customs authority.
Quantity Unit:
When measuring or quantifying the trade of products classified under HS Code 62171010, the unit used is dozens. This unit represents a quantity of 12 individual items. So, when importing or exporting clothing accessories containing silk, they will be measured and traded in multiples of dozens.
Special Tariff Preference Programs:
Various special tariff preference programs exist for products classified under HS Code 62171010. These programs offer either duty-free treatment or a reduced duty rate for importing countries. The countries listed above have negotiated special rates for importing clothing accessories containing silk.
Importing US States:
When it comes to importing clothing accessories containing silk under HS Code 62171010, the states of North Carolina and Ohio in the United States are significant players. These states are known for their textile and apparel industries, making them key destinations for these products.
Exporting US States:
Unfortunately, the data provided does not specify the exporting states in the United States for products classified under HS Code 62171010. However, it is worth noting that the United States is a major exporter of textile and apparel products, including silk-based accessories.
HS Code 62171010 represents made up clothing accessories containing a significant amount of silk. This code is essential for correct classification and smooth international trade. Understanding the duty rates, quantity units, and special tariff preference programs associated with this HS Code is crucial for importers and exporters alike. Additionally, being aware of the prominent importing and exporting states can provide valuable insights for businesses operating in this industry.