HS 551612 Dyed

The Most Favored Nation (MFN) duty rate for HS code 5516.12 is typically 8.00% ad valorem. However, preferential duty rates are available for goods originating from countries with trade agreements with the importing nation. For example, under certain agreements, goods from Australia (AU), Bahrain (BH), Chile (CL), Colombia (CO), Israel (IL), Jordan (JO), South Korea (KR), Morocco (MA), Oman (OM), Peru (PE), Singapore (SG), and others may receive duty-free entry (Free). It is crucial to consult the specific tariff schedule of the importing country, such as the USITC Harmonized Tariff Schedule, the EU's TARIC database, or the UK Trade Tariff, to confirm applicable rates based on the country of origin and any relevant trade preferences. Some specific trade agreements or circumstances might lead to higher rates, such as 14.9% or even 81% in certain non-preferential scenarios.

The duty for HS code 5516.12 is typically calculated on an ad valorem basis, meaning it's a percentage of the declared value of the imported goods. For example, if the MFN duty rate is 8.00% and the customs value of a shipment of dyed woven fabrics of synthetic staple fibres is $10,000 USD, the calculated duty would be $10,000 USD * 0.08 = $800 USD. Always ensure the customs value is determined according to the valuation rules of the importing country (e.g., WTO Customs Valuation Agreement). Some tariffs may also include specific duties or a combination of ad valorem and specific duties, requiring careful examination of the tariff schedule.

To be classified under HS code 5516.12, the woven fabric must meet several criteria: 1. Material Composition: It must be made of synthetic staple fibres, as defined by Chapter 55 of the Harmonized System. 2. Weave Type: It must be a woven fabric (as opposed to knitted or felted). 3. Dyeing Status: The fabric must be dyed. This means the colour is imparted after the fabric has been woven, distinguishing it from 'yarn dyed' fabrics (which would fall under a different subheading if the yarn was dyed before weaving). The specific weight and construction of the fabric are also considered, but the primary factors are the fibre type, weave, and whether it is dyed. Refer to the Explanatory Notes to the Harmonized System for detailed guidance.

When importing goods classified under HS code 5516.12, standard import documentation is required, which generally includes: 1. Commercial Invoice: Detailing the value, quantity, and description of the goods. 2. Packing List: Outlining the contents of each package. 3. Bill of Lading or Air Waybill: As the transport document. 4. Certificate of Origin: Essential for claiming preferential duty rates under trade agreements. This document must accurately state the country of origin and comply with the requirements of the relevant trade agreement. 5. Import Declaration: Submitted to customs authorities. Depending on the importing country and the nature of the goods, additional certifications related to safety, quality, or environmental standards may be necessary. Always verify specific requirements with the customs authority of the destination country.

Several major trade agreements can significantly reduce or eliminate duties for HS code 5516.12. For imports into the United States, agreements like the USMCA (United States-Mexico-Canada Agreement) and bilateral agreements with countries such as Chile, Singapore, and South Korea offer preferential rates. For imports into the European Union, the EU's network of Free Trade Agreements (FTAs) with countries like South Korea, Canada, and Japan can provide duty-free access. The United Kingdom's trade agreements post-Brexit, such as the UK-EU Trade and Cooperation Agreement and FTAs with countries like Australia and Japan, also impact duty rates. Importers must ensure they meet the rules of origin stipulated in each agreement to benefit from these preferential rates, often requiring a valid Certificate of Origin.