In today's increasingly interconnected global economy, understanding specific customs codes and corresponding tax rates for export goods is crucial for corporate cost control and market competitiveness. Among these, HS code 5402200090 represents non-retail high-tenacity polyester multifilament yarn, a product with significant application value in the textile industry. This article provides a detailed analysis of this commodity's HS classification, tax rates, and declaration requirements to help businesses better manage their export operations.
Product Overview
Non-retail high-tenacity polyester multifilament yarn (HS code 5402200090) is characterized by its excellent mechanical properties and durability. According to customs classification, this product is measured in kilograms with specific tax parameters:
Key Tax Information:
- Export duty: 0%
- Export rebate rate: 13%
- VAT rate: 13%
- Most-Favored-Nation (MFN) rate: 5%
- General import duty: 70%
- No consumption tax applies
- Preferential rates (ASEAN, Chile, Pakistan, etc.): 0%
Declaration Requirements
For proper declaration of HS code 5402200090, exporters must provide the following elements:
- Brand type
- Export preferential status
- Product type (high-tenacity yarn or textured yarn, etc.)
- Yarn form (single, plied, or cabled)
- Retail packaging status
- Fiber composition (polyester, etc.)
- Yarn fineness
- GTIN code
- CAS number
Regulatory Compliance
Currently, there are no special regulatory requirements for this commodity, and no specific inspection and quarantine categories have been established. Businesses can conduct exports smoothly within legal parameters.
Industry Context
As an important component of textile raw materials, high-tenacity polyester multifilament yarn continues to experience growing market demand. Its superior physical properties and wide range of applications make related products particularly promising in the context of economic globalization and market diversification. Exporters should pay special attention to understanding customs classifications and corresponding tax policies to ensure compliance and mitigate operational risks.
Market Applications
In supply chains, high-tenacity polyester yarn is valued for its excellent tensile strength, abrasion resistance, and adaptability. The product finds extensive applications in:
- Construction materials
- Transportation equipment
- Automotive components
- Safety equipment
Classified under HS heading 5402, this non-retail multifilament yarn (5402200090) encompasses both processed and unprocessed variants.
Conclusion
Non-retail high-tenacity polyester multifilament yarn (5402200090) brings vitality to industries through its superior strength and versatile applications. Comprehensive understanding of its customs classification and tax policies is essential for businesses operating in international markets. Effective export strategies not only enhance profitability but also strengthen global competitiveness in this specialized textile segment.