HS Code 84249010: Parts of simple piston pump sprays and powder bellows
When it comes to international trade, it is important to have a standardized system for classifying goods. The Harmonized System (HS) Code is a globally recognized system that assigns a unique code to each product, making it easier to identify and track them during trade.
HS Code 84249010 specifically refers to parts of simple piston pump sprays and powder bellows. These are essential components used in various industries, including agriculture, manufacturing, and construction.
One key aspect of the HS Code is the bound and MFN duty rate. The bound duty rate for HS Code 84249010 is 2.9%. This means that every time 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. This ensures fair trade practices and prevents unfair advantages for certain countries.
It is important to note that the quantity unit for HS Code 84249010 is listed as "no units collected (X)." This means that the specific quantity of parts being imported or exported under this HS Code is not measured or collected.
There are also special tariff preference programs in place for HS Code 84249010. These programs offer preferential treatment in terms of duty rates for certain countries. For this HS Code, the following countries enjoy a duty-free treatment:
- Generalized System of Preferences (GSP): This program grants duty-free treatment for eligible countries.
- Australia Special Rate: Australia enjoys a special duty-free treatment for parts under HS Code 84249010.
- Automotive Products Trade Act (APTA): This program provides duty-free treatment for automotive products, including parts, between certain countries.
- Bahrain Special Rate: Bahrain enjoys a special duty-free treatment for parts under HS Code 84249010.
- NAFTA for Canada: Canada benefits from duty-free treatment for parts under HS Code 84249010 under the North American Free Trade Agreement (NAFTA).
- Chile Special Rate: Chile enjoys a special duty-free treatment for parts under HS Code 84249010.
- Caribbean Basin Initiative (CBI): This program provides duty-free treatment for eligible countries in the Caribbean region.
- Israel Special Rate: Israel enjoys a special duty-free treatment for parts under HS Code 84249010.
- Andean Trade Preference Act (ATPA): This program provides duty-free treatment for eligible countries in the Andean region.
- Jordan Special Rate: Jordan enjoys a special duty-free treatment for parts under HS Code 84249010.
- Morocco Special Rate: Morocco enjoys a special duty-free treatment for parts under HS Code 84249010.
- NAFTA for Mexico: Mexico benefits from duty-free treatment for parts under HS Code 84249010 under the North American Free Trade Agreement (NAFTA).
- Oman Special Rate: Oman enjoys a special duty-free treatment for parts under HS Code 84249010.
- Dominican Republic-Central American Special Rate (DR-CAFTA): This program provides duty-free treatment for eligible countries in the Dominican Republic and Central America region.
- Peru Special Rate: Peru enjoys a special duty-free treatment for parts under HS Code 84249010.
- Singapore Special Rate: Singapore enjoys a special duty-free treatment for parts under HS Code 84249010.
In terms of importing and exporting, the following US states are involved in the trade of HS Code 84249010:
HS Code 84249010 plays a crucial role in facilitating international trade of parts for simple piston pump sprays and powder bellows. Its standardized classification and associated duty rates ensure fair trade practices among countries. The special tariff preference programs further promote trade relations and provide duty-free treatment to eligible countries. With the involvement of US states like Minnesota, the import and export of these parts contribute to the growth of various industries.
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