When it comes to international trade, it is important to have a standardized system of product classification. The Harmonized System (HS) Code is a globally recognized code that is used to classify products for customs and trade purposes. One such HS Code is 84183000, which refers to freezers of the chest type, not exceeding 800 liters capacity, whether they are electric or powered by other means.
Freezers are essential appliances that help us preserve and store perishable items for an extended period. The chest type freezers covered by HS Code 84183000 are specifically designed to provide ample storage space for frozen goods. They are characterized by their horizontal orientation, with a hinged lid that opens from the top.
According to the data, the quantity unit for this particular HS Code is number (NO), indicating that the unit of measurement is the number of freezers being imported or exported.
When it comes to duty rates, there is an interesting aspect to consider. The bound/Most Favored Nation (MFN) duty rate is stated as "Free." This means that whenever a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. In simpler terms, this HS Code is eligible for duty-free treatment across multiple countries.
Additionally, there are special tariff preference programs in place for this HS Code. These programs provide preferential treatment to certain countries, allowing them to import or export the specified goods at preferential duty rates. In the case of HS Code 84183000, the following countries enjoy special tariff rates:
These special tariff preference programs promote trade and economic cooperation between the countries involved, providing them with incentives to engage in mutually beneficial trade activities.
Looking specifically at the United States, the data shows that the states of Missouri, Wyoming, Puerto Rico, New York, and Texas are importing freezers of this type under HS Code 84183000. On the other hand, the states of Arkansas and Oklahoma are exporting these freezers.
HS Code 84183000 covers freezers of the chest type, not exceeding 800 liters capacity, whether they are electric or powered by other means. It is an important code that facilitates the classification and regulation of these products for international trade. The duty rates and special tariff preference programs associated with this HS Code play a significant role in promoting trade and facilitating economic cooperation among countries.
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