HS Code 84471190: Circular Knitting Machines with Cylinder Diameter Not Exceeding 165 mm
Circular knitting machines are a crucial part of the textile industry. They are used to produce various types of knitted fabrics, including garments, hosiery, and home textiles. One specific category of circular knitting machines is covered by HS Code 84471190, which refers to machines with a cylinder diameter not exceeding 165 mm, excluding those designed for knitting hosiery.
The HS Code system is an internationally recognized classification system that allows countries to categorize and track different types of goods for customs and trade purposes. The HS Code 84471190 specifically identifies circular knitting machines with certain specifications, making it easier for importers and exporters to classify and trade these machines.
Circular knitting machines covered by HS Code 84471190 are subject to specific regulations and trade policies. Understanding these regulations is crucial for businesses involved in the import and export of circular knitting machines. Let's explore some important information related to this HS Code.
Product Description: The product covered by HS Code 84471190 includes circular knitting machines with a cylinder diameter not exceeding 165 mm. These machines are used in the textile industry to produce various types of knitted fabrics, excluding hosiery.
Bound / MFN Duty Rate: The bound or most-favored-nation (MFN) duty rate for circular knitting machines covered by HS Code 84471190 is free. This means that no duty or tariff is imposed when importing these machines. It is important to note that the bound or MFN duty rate applies universally to all trading partners of a country when trade barriers are lowered or markets are opened.
Quantity Unit: The quantity unit for circular knitting machines covered by HS Code 84471190 is a number (NO). This unit indicates the number of machines being imported or exported.
Special Tariff Preference Programs: Circular knitting machines covered by HS Code 84471190 are eligible for special tariff preference programs in certain countries. The following countries offer preferential treatment for these machines:
- Australia (duty-free treatment)
- Bahrain (special rate)
- Canada (duty-free treatment under NAFTA)
- Chile (special rate)
- European Union (duty-free treatment)
- Israel (special rate)
- Japan (duty-free treatment)
- Jordan (special rate)
- Morocco (special rate)
- Mexico (duty-free treatment under NAFTA)
- Oman (special rate)
- Peru (special rate)
- Singapore (special rate)
If you are exporting circular knitting machines to any of these countries, you may benefit from reduced or duty-free treatment under these special tariff preference programs.
Importing US States: Circular knitting machines covered by HS Code 84471190 are imported into several US states. The states where these machines are commonly imported include California, Kentucky, Mississippi, New Hampshire, New Jersey, Tennessee, and Virginia. If you are an importer or manufacturer of circular knitting machines, it is important to consider the demand and market conditions in these states.
Exporting US States: Circular knitting machines covered by HS Code 84471190 are exported from the United States to various destinations. Some of the exporting US states for these machines include Colorado, New Hampshire, and Virginia. Understanding the exporting locations can help businesses establish trade relationships and explore potential markets for their circular knitting machines.
HS Code 84471190 identifies circular knitting machines with a cylinder diameter not exceeding 165 mm, excluding those designed for knitting hosiery. Understanding the details and implications of this HS Code is essential for businesses involved in the import and export of circular knitting machines. By complying with the regulations and utilizing special tariff preference programs, businesses can optimize their trade operations and explore new market opportunities.
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