Import Duty on Clothes

Written by owen rogers
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Import Duty on Clothes
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Clothing is a large industry and the United States makes legislative manoeuvres to maintain regulation over it through the use of import duties. Import duties are a type of tax on imported goods. There are three rates of duty that are based on where products are coming from: general, special and restrictive.

General Rate of Duty

General rates of duty are imposed on goods imported from a nation that maintains normal trade relation with the United States. Some products are free of duty, but others, such as some overcoats, have a rate of 27.7 per cent.

Special Rate of Duty

Special rates of duty are lower than the general rates and are given to specific nations or organisations. They serve to promote international trade in a certain area.

Restrictive Rates of Duty

High rates of duty are applied to nations whose trade the United States wishes to restrict. Publications of the U.S. International Trade Commission in 2010 list Cuba and North Korea as the only nations these import duties apply to. For items such as scarves, these rates of duty can be as high as 90 per cent.

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