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HS Code Lookup for Sub-Heading 540331 in Luxembourg

HS Code Lookup helps classify products under appropriate HS code and find duties applicable across 140+ countries. Find and discover HS classification, tariffs, taxes, controls, rulings, ECCNs, and default and preferential duties for HS code 540331.

Sub Heading 540331

Man-made filaments; strip and the like of man-made textile materials - Artificial filament yarn (other than sewing thread), not put up for retail sale, including artificial monofilament of less than 67 decitex. - Of viscose rayon, untwisted or with a twist not exceeding 120 turns per metre

HS Code & Description

5403310010

Continuous viscose rayon filament yarn of 105dtex or more but not more than 117dtex, and consisting of 36monofilaments or more but not more than 40monofilaments

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5403310090

Other

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Most classified products under HS 540331

High-Tenacity Polyester Yarn,
Raw White Polyester Filament Yarn,
Low-Shrinkage Polyester Yarn for Weaving,
Polyester Monofilament for Technical Textiles,
Multi-Filament Polyester Yarn for Industrial Fabrics,
Fine Denier Polyester Filament for Microfibers,
Flame Retardant Polyester Filament Yarn and
Anti-UV Polyester Yarn

Tariffs and Duties for HS 5403310010

General MFN Duty

Duty Name	Origin	Duty Rate	Duty Type	Unit of Measurement
Default Duty	All Countries	4.0000%	Default Duty	Kilogram

VAT / GST Taxes

Tax Type	Tax Rate	Duty Type
Standard VAT Rate

Preferential Duty

Preferential Program	Country of Export	Duty Rate	Duty Type
	Montenegro
	Jordan
	Moldova (the Republic of)
	Ukraine
	Singapore
	Republic of Kosovo
	Serbia
	Comoros, Madagascar, Mauritius, Seychelles, Zimbabwe
	Afghanistan, Angola, Bangladesh, Burkina Faso, Burundi, Benin, Bhutan, Congo (the Democratic Republic of the), Central African Republic, Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, Cambodia, Kiribati, Comoros, Lao People's Democratic Republic, Liberia, Lesotho, Madagascar, Mali, Myanmar, Mauritania, Malawi, Mozambique, Niger, Nepal, Rwanda, Solomon Islands, Sudan, Sierra Leone, Senegal, Somalia, South Sudan, Sao Tome and Principe, Chad, Togo, Timor-Leste, Tuvalu, Tanzania, the United Republic of, Uganda, Vanuatu, Yemen, Zambia
	Iceland, Liechtenstein, Norway

Controls

S.No.	Country of Import	Country of Export
1	Luxembourg	Ukraine
2	Luxembourg	Ukraine
3	Luxembourg	Korea (the Democratic People's Republic of)

FAQs

What is HS code 540331?

HS code 540331 includes Man-made filaments; strip and the like of man-made textile materials - Artificial filament yarn (other than sewing thread), not put up for retail sale, including artificial monofilament of less than 67 decitex. - Of viscose rayon, untwisted or with a twist not exceeding 120 turns per metre.

What category is HS code 540331?

HS code 540331 belongs to chapter 54 Man-made filaments; strip and the like of man-made textile materials category.

What is the duty for HS code 5403310010 in Luxembourg?

The default duty for 5403310010 in Luxembourg is 4.0000%. Find duties for other HS codes in Luxembourg.

Does HS code 5403310010 have free trade agreements in Luxembourg?

Yes, HS code 5403310010 has free trade agreements in Luxembourg such as Bilateral Agreement (Montenegro) Duties and Taxes and more.

Does HS code 5403310010 have controls in Luxembourg?

Yes, HS code 5403310010 has controls in Luxembourg such as Import Prohibition and more.

How many dutiables are there in HS code 540331 in Luxembourg?

There are 2 dutiables in HS code 540331.

What is an HS Code and Why Does it Hold For Cross-Border Trade?

HS code is a standardized six-digit numerical classification system developed by the World Customs Organization (WCO) and acts as a universal language for simplifying the process of identifying and classifying traded products. They ensure consistent customs clearance, enable accurate duty calculation, and help identify relevant trade regulations. This simplifies the process for businesses, saving time, reducing risk, and promoting informed decision-making.

What are Controls and Why should Businesses Focus on Them?

In global trade, controls refer to a set of regulations and policies implemented by governments to manage the import and export of goods and services. These controls can take various forms, including tariffs, quotas, embargoes, export controls, and licensing requirements. Companies should prioritize understanding and adhering to them for compliance, reduced risk of legal issues, mitigating reputational damage, staying competitive, and building trust with governments.

What are Tariffs in Global Trade and Why should Businesses Focus on Them?

In global trade, tariffs are a type of tax levied by a government on imported goods. They act as a financial barrier to entry, increasing the overall cost of the imported product for domestic consumers and businesses. By understanding how tariffs work and their potential impact, companies can make informed decisions about pricing, sourcing, and market expansion, ultimately ensuring their competitiveness in the global marketplace.

What are FTAs in Global Trade and Why should Businesses Focus on Them?

In global trade, Free Trade Agreements (FTAs) are legally binding agreements between two or more countries aimed at reducing or eliminating barriers to trade between them. By understanding the terms of relevant FTAs and strategically incorporating them into their business plans, companies can enjoy reduced costs, expanded market access, and a more competitive edge in international trade.