Pulley tackle and hoists are essential equipment used for lifting heavy objects. The HS code 84251100 specifically refers to pulley tackle and hoists that are powered by an electric motor. These machines are widely used in various industries such as construction, manufacturing, and logistics.
The product description of HS code 84251100 includes pulley tackle and hoists that are not skip hoists or hoists used for raising vehicles. These hoists are designed to provide efficient and safe lifting operations in different work environments.
When it comes to trade barriers, the bound or MFN (Most Favored Nation) duty rate for HS code 84251100 is free. This means that countries are not required to impose any duties or tariffs on the import or export of these pulley tackle and hoists. The principle of MFN treatment ensures that if a country lowers trade barriers or opens up its market, it must do so for all its trading partners.
The quantity unit for HS code 84251100 is measured in numbers (NO). This unit helps in determining the quantity of pulley tackle and hoists being imported or exported.
Furthermore, there are special tariff preference programs available for HS code 84251100. These programs offer duty-free treatment for specific countries. The countries eligible for special tariff preferences under HS code 84251100 include:
These special tariff preference programs provide various trade benefits for the import and export of pulley tackle and hoists under HS code 84251100. For example, the Generalized System of Preferences (GSP) offers duty-free treatment, while the Automotive Products Trade Act (APTA) provides duty-free treatment specifically for automotive products.
It is important to note that the information provided for importing and exporting US states is not available in the given data. However, it is crucial for businesses to be aware of the regulations and requirements of the specific states involved in the import and export of pulley tackle and hoists.
HS code 84251100 refers to pulley tackle and hoists powered by an electric motor. These machines play a vital role in lifting heavy objects and are used across various industries. The bound or MFN duty rate for this HS code is free, and there are special tariff preference programs available for eligible countries. Understanding the regulations and requirements of importing and exporting states is essential for smooth trade operations.