Textile calendering or rolling machines fall under HS Code 84201010. This code is used to classify and identify specific types of machinery used in the textile industry for calendering or rolling processes. In this article, we will explore the details and implications of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states.
HS Code 84201010 refers to textile calendering or rolling machines. These machines are used in the textile industry to process fabrics and materials. Calendering is a finishing process that involves pressing fabric between heated rollers to create smoothness, shine, or special effects on the surface. Rolling machines, on the other hand, are used to roll fabrics onto rolls or cylinders for storage or transportation purposes. These machines play a crucial role in the production and finishing of textiles.
The bound / MFN (Most Favored Nation) duty rate for HS Code 84201010 is 3.5%. The MFN principle states 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. This means that the duty rate of 3.5% applies to the import of textile calendering or rolling machines from any trading partner of the country.
The quantity unit for HS Code 84201010 is "number" (NO). This unit represents the number of machines being imported or exported. It is important to accurately report the quantity of machines to ensure compliance with customs regulations and to facilitate international trade.
There are several special tariff preference programs that provide duty-free treatment for textile calendering or rolling machines under HS Code 84201010. These programs aim to promote trade and economic development between countries. The special tariff preference programs applicable to this HS code include:
These special tariff preference programs aim to reduce or eliminate import duties for textile calendering or rolling machines, making them more accessible and affordable for businesses involved in the textile industry.
When it comes to importing textile calendering or rolling machines under HS Code 84201010, the data shows that the state of Maine is the primary importer. On the other hand, the state of New Hampshire appears to be the primary exporter of these machines. It is worth noting that this data may vary over time as trade dynamics and market demands change.
HS Code 84201010 encompasses textile calendering or rolling machines used in the textile industry. Understanding the details and implications of this code, including its product description, duty rates, special tariff preference programs, and the importing and exporting states, is crucial for businesses involved in international trade of textile machinery.