The HS Code 84295210 refers to a specific category of self-propelled machinery used for excavation and construction purposes. This code encompasses backhoes, shovels, clamshells, and draglines, all of which feature a 360-degree revolving superstructure. These machines are designed to perform various tasks related to digging, lifting, and moving materials in construction sites or other industrial settings.
When it comes to international trade, the HS Code plays a crucial role in identifying and categorizing different products. It allows countries to classify goods uniformly, facilitating the process of customs clearance, tariff determination, and trade statistics. The HS Code 84295210 specifically focuses on self-propelled excavation machinery with a revolving superstructure.
One important aspect related to trade barriers and market access is the Bound/MFN duty rate. MFN stands for Most Favored Nation, and it signifies that every time a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. In the case of HS Code 84295210, the bound duty rate is free. This means that there are no tariffs imposed on the import of these self-propelled backhoes, shovels, clamshells, and draglines.
The quantity unit for HS Code 84295210 is "number" (NO), indicating that the measurement unit for these machines is the individual unit itself. This unit can represent a single self-propelled backhoe, shovel, clamshell, or dragline.
Additionally, there are various special tariff preference programs that may apply to the import of products falling under HS Code 84295210. These programs offer certain advantages, such as reduced duties or exemptions, to specific countries or regions. Importing US states may also have their own regulations and requirements when it comes to these self-propelled machinery. In the case of HS Code 84295210, some of the US states involved in importing these products include Arizona, Maine, North Dakota, Georgia, Kansas, Iowa, Maryland, and Pennsylvania.
On the other hand, the exporting US states for HS Code 84295210 include South Dakota, Arkansas, Illinois, Iowa, Kansas, North Carolina, North Dakota, and Wisconsin. These states are involved in shipping these self-propelled excavation machines to other countries or regions.
HS Code 84295210 represents self-propelled backhoes, shovels, clamshells, and draglines with a 360-degree revolving superstructure. This code helps in categorizing and identifying these products for international trade purposes. It is important to consider the Bound/MFN duty rate, special tariff preference programs, and the specific US states involved in importing and exporting these machines.