Badminton is a popular racket sport played by millions around the world. It requires a net to separate the two sides of the court and facilitate fair play. Badminton nets come in various materials, and one particular type is made of cotton. This article focuses on the HS Code 95069908, which specifically refers to badminton nets made of cotton.
The Harmonized System (HS) is an international standard for classifying products in international trade. Each product is assigned a unique HS code, which helps streamline customs procedures and facilitate global commerce. The HS Code 95069908 is specifically used to identify badminton nets made of cotton.
When importing badminton nets of cotton into the United States, a 2.8% bound or Most Favored Nation (MFN) duty rate applies. This means 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. The 2.8% duty rate is applicable regardless of the country of origin.
The quantity unit for badminton nets of cotton is measured in numbers (NO). This unit is used to determine the quantity of nets being imported or exported.
In terms of tariff preference programs, badminton nets of cotton enjoy various benefits. They are eligible for free trade under several special tariff preference programs. The countries included in these programs are:
Additionally, badminton nets of cotton receive special rates under specific programs for certain countries:
When it comes to importing badminton nets of cotton into the United States, New Hampshire is the importing state mentioned in the available data. However, the data does not specify the exporting states. It's important to note that these importing and exporting states can vary depending on the specific trade transactions and agreements in place.
HS Code 95069908 is used to classify badminton nets made of cotton. This code helps facilitate international trade by providing a standardized classification system. Importers and exporters of badminton nets of cotton should be aware of the associated duty rates and tariff preference programs to optimize their trading activities.