Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 84012000: Machinery and Apparatus for Isotopic Separation

The HS Code 84012000 refers to machinery and apparatus used for isotopic separation, as well as its parts. This code is an important classification system used in international trade to identify specific products being imported or exported. Understanding the HS code can help businesses and governments track trade statistics, monitor tariff rates, and ensure compliance with trade regulations.

The product description for HS Code 84012000 specifies that it includes machinery and apparatus for isotopic separation, along with their respective parts. Isotopic separation is a process that involves separating different isotopes (variants of an element with the same atomic number but different atomic masses) from a mixture, often for scientific or industrial purposes.

When importing or exporting goods with HS Code 84012000, it is essential to be aware of the associated tariff rates. The bound or most-favored-nation (MFN) duty rate for this code is 2.6%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring that the same goods or services receive equal treatment from all trading partners.

For quantity measurement, HS Code 84012000 uses the metric ton (T) as the unit of measurement. This allows for standardized quantity calculations and facilitates international trade transactions.

There are also several special tariff preference programs associated with HS Code 84012000. These programs provide certain countries with preferential treatment or duty-free access to the goods classified under this code. Some of the special tariff preference programs include:

• Generalized System of Preferences (GSP): Offers duty-free treatment for eligible countries.
• Australia Special Rate: Provides a special rate for Australia.
• Bahrain Special Rate: Offers a special rate for Bahrain.
• NAFTA for Canada: Provides duty-free treatment for Canada under the North American Free Trade Agreement.
• Chile Special Rate: Offers a special rate for Chile.
• Caribbean Basin Initiative (CBI): Provides duty-free treatment for eligible countries in the Caribbean region.
• Israel Special Rate: Offers duty-free treatment for Israel.
• Andean Trade Preference Act (ATPA): Provides preferential treatment for eligible countries in the Andean region.
• Jordan Special Rate: Offers a special rate for Jordan.
• Morocco Special Rate: Provides a special rate for Morocco.
• NAFTA for Mexico: Offers duty-free treatment for Mexico under the North American Free Trade Agreement.
• Oman Special Rate: Provides a special rate for Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Offers preferential treatment for eligible countries in the Dominican Republic and Central America.
• Peru Special Rate: Provides a special rate for Peru.
• Singapore Special Rate: Offers a special rate for Singapore.

These special tariff preference programs aim to promote trade and economic cooperation between the participating countries by reducing or eliminating import duties for specific products.

It is also important to note that HS Code 84012000 may vary in terms of importing and exporting US states. The specific states involved in the import or export of goods under this code can impact trade flows and economic relationships between states.

HS Code 84012000 refers to machinery and apparatus for isotopic separation, along with their parts. This code plays a crucial role in international trade, allowing for efficient classification, tracking, and regulation of goods. Understanding the associated tariff rates and special tariff preference programs can help businesses and governments navigate trade transactions and take advantage of preferential treatment opportunities.