Combed wool fabric, with a composition of 85% or more wool and falling under US note 16(b) (in 5112.11.30 or 5112.19.60), is classified under HS code 99025115. This code is used to identify and categorize this specific type of fabric for international trade purposes. Understanding the details and implications of this HS code is crucial for importers, exporters, and professionals in the textile industry.
The product description for HS code 99025115 is combed wool fabric. It is made from a blend of fibers, with at least 85% of the fabric consisting of wool. Combed wool fabric is known for its high quality and durability, making it a popular choice in the textile industry. The process of combing removes shorter fibers and impurities, resulting in a smoother and more refined fabric.
The bound or most-favored-nation (MFN) duty rate for HS code 99025115 is free. This means that no import duties or tariffs are imposed on this product when it is traded between countries. The concept of MFN is based on the principle of non-discrimination in international trade. 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 ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS code 99025115 is not available (NA). This means that the specific unit of measurement for this product is not specified in the HS code. Importers and exporters will need to refer to other documents or regulations to determine the appropriate quantity unit for their transactions.
HS code 99025115 may also be eligible for special tariff preference programs depending on the countries involved in the trade. These programs provide certain benefits or exemptions from customs duties to promote trade and economic cooperation between countries. Importers and exporters should consult the relevant trade agreements or regulations to determine if any special tariff preference programs apply to combed wool fabric under this HS code.
The import and export of combed wool fabric classified under HS code 99025115 may vary among different US states. Each state has its own regulations and requirements for international trade. Importers and exporters should be aware of these specific state-level provisions to ensure compliance with all applicable laws and regulations. It is recommended to consult with customs authorities or trade specialists in the respective states for detailed information on importing and exporting combed wool fabric.
HS code 99025115 encompasses combed wool fabric with a composition of 85% or more wool. It is a high-quality textile product that is traded internationally. Understanding the details of this HS code, including the product description, duty rate, quantity unit, special tariff preference programs, and state-specific regulations, is essential for successful import and export operations in the textile industry.