Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 84269900: Derricks, cranes, and other lifting machinery nesi

Derricks, cranes, and other lifting machinery nesi fall under HS Code 84269900. This code is used to classify and identify specific types of machinery used for lifting heavy objects. In this article, we will explore the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting states related to this HS code.

Product Description

The HS Code 84269900 encompasses a wide range of lifting machinery that is not classified elsewhere. This includes derricks, cranes, hoists, winches, and other similar equipment used for various industrial, construction, and logistical applications. This code helps in accurately identifying and categorizing these machinery types for international trade purposes.

Duty Rates

The bound or MFN (Most Favored Nation) duty rate for HS Code 84269900 is free. This means that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This promotes fair and equal trade opportunities for all countries involved.

Quantity Unit

The quantity unit for HS Code 84269900 is "number" (NO). This unit represents the count or number of individual pieces of lifting machinery being imported or exported.

Special Tariff Preference Programs

Several special tariff preference programs offer duty-free treatment for products classified under HS Code 84269900. These programs include:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible developing countries.
• Australia Special Rate: Offers duty-free treatment for imports from Australia.
• Automotive Products Trade Act (APTA): Grants duty-free treatment for specific automotive products.
• Bahrain Special Rate: Provides duty-free treatment for imports from Bahrain.
• NAFTA for Canada: Allows duty-free treatment for imports from Canada under the North American Free Trade Agreement.
• Chile Special Rate: Offers duty-free treatment for imports from Chile.
• Caribbean Basin Initiative (CBI): Grants duty-free treatment for eligible countries in the Caribbean region.
• Israel Special Rate: Provides duty-free treatment for imports from Israel.
• Andean Trade Preference Act (ATPA): Allows duty-free treatment for imports from eligible countries in the Andean region.
• Jordan Special Rate: Offers duty-free treatment for imports from Jordan.
• Morocco Special Rate: Provides duty-free treatment for imports from Morocco.
• NAFTA for Mexico: Allows duty-free treatment for imports from Mexico under the North American Free Trade Agreement.
• Oman Special Rate: Offers duty-free treatment for imports from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Grants duty-free treatment for imports from the eligible DR-CAFTA countries.
• Peru Special Rate: Provides duty-free treatment for imports from Peru.
• Singapore Special Rate: Offers duty-free treatment for imports from Singapore.

These special tariff preference programs aim to promote trade and economic cooperation among participating countries by reducing or eliminating import duties for certain goods.

Importing and Exporting US States

When it comes to importing HS Code 84269900 machinery into the United States, the state of South Dakota is actively involved. However, no specific exporting states are mentioned in the provided data.

Additional information about the exporting states can be obtained from trade data and records. It is crucial to have accurate information regarding the exporting states to ensure compliance with trade regulations and establish effective trade partnerships.

HS Code 84269900 represents derricks, cranes, and other lifting machinery nesi. This code is used to classify and identify these machinery types for international trade purposes. Understanding the product description, duty rates, special tariff preference programs, and the involved states is essential for importers, exporters, and trade authorities.