When it comes to identifying and classifying goods for international trade, the Harmonized System (HS) provides a standardized system of product nomenclature. Each product is assigned a unique HS code, which is used by customs authorities to determine the applicable duties and regulations. In this article, we will delve into the details of HS Code 67041900, specifically focusing on wigs (partial), false beards, eyebrows, and similar products made of synthetic textile materials.
HS Code 67041900 encompasses a wide range of products that fall under the category of "Wigs (partial), false beards, eyebrows, and the like, of synthetic textile materials." This code specifically refers to artificial hairpieces and facial accessories made from synthetic fibers.
Wigs can be classified as partial when they cover only a portion of the head, while false beards and eyebrows are self-explanatory. These products are primarily used for theatrical purposes, costume parties, and personal fashion statements.
The bound or most-favored-nation (MFN) duty rate associated with HS Code 67041900 is free. This means that no import duties are levied on these products when traded between countries. The concept of MFN treatment ensures that a country must lower trade barriers or open up its market for the same goods or services from all its trading partners.
It is important to note that the MFN duty rate applies to all countries unless specific tariff preference programs are in place. These programs may offer reduced or zero-duty rates for eligible countries, providing them with a competitive advantage in trade.
Several countries have established special tariff preference programs for products classified under HS Code 67041900. These programs allow for preferential treatment in terms of duty rates, encouraging trade relations and economic growth. The following countries offer special tariff rates:
These special tariff preference programs aim to facilitate trade between the participating countries by minimizing trade barriers and promoting economic cooperation.
HS Code 67041900 applies to all states within the United States, both for importing and exporting. This means that these products can be traded freely within the country without any additional duty or restriction imposed at the state level.
Whether you are an importer or exporter of wigs, false beards, eyebrows, or similar products made of synthetic textile materials, understanding the regulations and duty rates associated with HS Code 67041900 is crucial for successful international trade. By leveraging the special tariff preference programs and taking advantage of duty-free treatment, businesses can gain a competitive edge in the market while ensuring compliance with customs regulations.