The HS Code 84073425 refers to spark-ignition reciprocating piston engines for vehicles in chapter 87, specifically those with a cylinder capacity over 1000 cc to 2000 cc. This article will provide an extensive overview of this HS code, including its product description, duty rates, special tariff preference programs, and the importing and exporting US states.
The product description for HS Code 84073425 is spark-ignition reciprocating piston engines designed for vehicles of chapter 87. These engines have a cylinder capacity ranging from over 1000 cc to 2000 cc. They are commonly used in various types of vehicles, including cars, trucks, and motorcycles.
The bound or most-favored nation (MFN) duty rate for HS Code 84073425 is free. This means that countries must lower trade barriers or open up their markets for the same goods or services from all their trading partners. The duty rate for this HS code is not applicable, as there are no duties imposed on the importation of these engines.
The quantity unit for HS Code 84073425 is a number (NO), indicating that the quantity is measured in units. The exact unit of measurement may vary depending on the specific context and requirements of the import or export transaction.
There are several special tariff preference programs associated with HS Code 84073425. These programs provide duty-free treatment for the importation of these engines from specific countries. The programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating duties on specific products, including spark-ignition reciprocating piston engines for vehicles.
The following US states import HS Code 84073425:
These states have a demand for spark-ignition reciprocating piston engines for vehicles with a cylinder capacity over 1000 cc to 2000 cc. Importers in these states rely on the importation of these engines to meet the needs of their local markets.
The following US states export HS Code 84073425:
These states have a production capacity for spark-ignition reciprocating piston engines for vehicles and export them to other states or countries. They contribute to the overall supply of these engines in the domestic and international markets.
HS Code 84073425 represents spark-ignition reciprocating piston engines for vehicles with a cylinder capacity over 1000 cc to 2000 cc. Importers and exporters need to be aware of the duty rates, special tariff preference programs, and the specific US states involved in the importation and exportation of these engines. Understanding the HS code and its associated information is crucial for effectively participating in the global trade of these products.