HS Code 84463010 - Shuttleless Type Power Looms for Weaving Fabrics
The HS Code 84463010 refers to shuttleless type power looms used for weaving fabrics with a width exceeding 4.9 meters. These looms are advanced machines that play a crucial role in the textile industry. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Product Description:
Shuttleless type power looms are innovative weaving machines that eliminate the need for shuttles. They are capable of weaving fabrics of various widths, and in the case of HS Code 84463010, they are specifically designed for fabrics exceeding 4.9 meters in width. These looms utilize advanced technology to ensure efficient and high-quality fabric production.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for HS Code 84463010 is free. This means that countries must eliminate trade barriers or open up their markets for the same goods or services from all their trading partners. It promotes fair and equal treatment in international trade.
Quantity Unit:
The quantity unit for HS Code 84463010 is the number (NO). This signifies that the measurement for this product is based on the number of shuttleless type power looms imported or exported.
Special Tariff Preference Programs:
HS Code 84463010 enjoys special tariff preference programs that provide various benefits to certain countries. The following countries are eligible for duty-free treatment under these programs:
- Generalized System of Preferences (GSP): This program grants duty-free treatment to eligible countries.
- Australia: Special rate for duty-free treatment.
- Bahrain: Special rate for duty-free treatment.
- Canada: NAFTA (North American Free Trade Agreement) provides duty-free treatment.
- Chile: Special rate for duty-free treatment.
- Caribbean Basin Initiative (CBI): Eligible countries receive duty-free treatment.
- Israel: Special rate for duty-free treatment.
- Andean Trade Preference Act (ATPA): Eligible countries receive duty-free treatment.
- Jordan: Special rate for duty-free treatment.
- Morocco: Special rate for duty-free treatment.
- Mexico: NAFTA provides duty-free treatment.
- Oman: Special rate for duty-free treatment.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Eligible countries receive duty-free treatment.
- Peru: Special rate for duty-free treatment.
- Singapore: Special rate for duty-free treatment.
Importing US States:
The following US states are known for importing products under HS Code 84463010:
- California
- Kentucky
- Mississippi
- New Hampshire
- New Jersey
- Tennessee
- Virginia
These states rely on shuttleless type power looms to meet their fabric weaving needs and support their textile industries.
Exporting US States:
On the other hand, the following US states are known for exporting products under HS Code 84463010:
- Colorado
- New Hampshire
- Virginia
These states have a strong textile industry and are able to produce fabrics using shuttleless type power looms for export to various countries.
HS Code 84463010 represents shuttleless type power looms used for weaving fabrics of a width exceeding 4.9 meters. These looms play a significant role in the textile industry, and their import and export are facilitated by special tariff preference programs. Understanding the details of this HS code is essential for businesses involved in the textile and fabric production sectors.
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