What is the import duty for HS Code 4202.12.89.50?

The general duty rate for HS Code 4202.12.89.50 is 0%. Special rates may apply for countries with Free Trade Agreements.

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HARMONIZED SYSTEM CODE

HS Code 4202.12.89.50

General Duty Rate

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Official Classification

Containing 85 percent or more by weight of silk or silk waste

🤖 AI Analysis

HS Code 4202.12.89.50 pertains to specific types of bags and containers made from silk or silk waste, where these materials constitute 85 percent or more of the product's weight. This classification generally includes high-end fashion accessories, such as silk handbags, pouches, and small cases used in luxury markets. These products are often found in the fashion and textile industries, catering to consumers looking for premium quality items. Importers should note that the general duty rate for this classification varies, potentially impacting the overall cost of importing these goods. It's essential for business owners to stay updated on the applicable duty rates, as they can significantly affect pricing strategies and profit margins in a competitive market.

Unit of Measurement

No., kg