HS 560410 Rubber thread and cord, textile covered

The Most Favored Nation (MFN) duty rate for HS code 560410 in the United States is 4.00% ad valorem. However, preferential duty rates are available for goods originating from countries with which the U.S. has trade agreements. For example, imports 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 the Palestinian Authority (P) may be eligible for duty-free entry (Free). It is crucial to verify the specific origin and eligibility under the relevant Free Trade Agreement (FTA) or preferential program. The EU TARIC system and the UK Trade Tariff may show different rates for those respective markets, often ranging from 4.00% to 6.3% or higher, with potential for further reductions under specific trade agreements.

HS code 560410 specifically covers continuous filament of rubber, whether or not vulcanized, which is coated or covered with textile material. This means the core component must be rubber thread or cord, and this rubber must be encased or wrapped with textile fibers (such as cotton, synthetic, or artificial fibers). Goods that are solely rubber thread or cord without textile covering, or textile threads coated with rubber, would fall under different HS codes. The WCO Harmonized System Explanatory Notes provide further guidance on the precise definition and scope of this classification.

The duty for HS 560410 is typically calculated on an ad valorem basis, meaning it's a percentage of the declared customs value of the goods. For instance, if the MFN duty rate is 4.00% and you import 1,000 kilograms of textile-covered rubber thread with a declared customs value of $5,000 USD, the duty calculation would be: Duty = Ad Valorem Rate × Customs Value. Duty = 4.00% × $5,000 USD = $200 USD. In some cases, there might be a specific duty component (e.g., per unit weight), but for this code, ad valorem is most common. Always refer to the specific tariff schedule for the applicable duty basis.

Standard import documentation is required for HS 560410, including a commercial invoice detailing the value, quantity, and description of the goods; a packing list; and a bill of lading or air waybill. Crucially, to claim preferential duty rates under trade agreements, an Importer Security Filing (ISF) may be required for U.S. imports. Furthermore, a Certificate of Origin (COO) is often necessary to prove the goods' country of origin and eligibility for preferential treatment. Importers should consult with their customs broker and review the specific requirements of the importing country's customs authority (e.g., U.S. Customs and Border Protection - CBP) to ensure full compliance.

Several trade agreements can significantly impact duty rates for HS code 560410. For U.S. importers, agreements like the U.S.-Korea Free Trade Agreement (KORUS FTA), the U.S.-Colombia Trade Promotion Agreement, and the U.S.-Singapore Free Trade Agreement can reduce or eliminate duties for eligible goods. For EU importers, the EU's network of Free Trade Agreements with countries like South Korea or Canada might offer preferential rates. Similarly, the UK has its own set of trade agreements post-Brexit. It is essential for importers to identify the country of origin of their textile-covered rubber thread and check if it is covered by a preferential trade agreement with the destination country to benefit from reduced or zero tariffs.