When it comes to the world of knitting machines, one particular product stands out - the spring-beard needles. These essential components play a crucial role in creating intricate knitted patterns and designs. In this article, we will delve deeper into the details of HS Code 84485120, exploring its product description, duty rates, quantity unit, and special tariff preference programs.
HS Code 84485120 covers spring-beard needles specifically designed for knitting machines. These needles are essential in the knitting process, as they help create the loops and stitches necessary to form a fabric. They are typically made with high-quality materials such as stainless steel or carbon steel to ensure durability and precision.
The bound or MFN (Most Favored Nation) duty rate for HS Code 84485120 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. As a result, the importers of spring-beard needles for knitting machines can enjoy a duty-free status, making these products more accessible and affordable.
The quantity unit for HS Code 84485120 is measured in thousand units (THS). This unit of measurement helps in quantifying the number of spring-beard needles being imported or exported, providing valuable data for trade analysis and market research.
Various special tariff preference programs exist that can further benefit the importers and exporters of spring-beard needles for knitting machines. These programs aim to promote international trade by reducing or eliminating tariff barriers in specific circumstances. Some examples of such programs include:
It is important for businesses involved in the import and export of spring-beard needles for knitting machines to stay updated on any special tariff preference programs available in their respective countries. These programs can provide a competitive edge and contribute to the growth of the industry.
HS Code 84485120 represents spring-beard needles for knitting machines. These essential components contribute to the creation of intricate knitted fabrics. With a duty-free status, a quantity unit of thousand units, and the potential for special tariff preference programs, the importers and exporters of these needles can benefit from reduced costs and increased market access. Understanding the nuances of HS Code 84485120 is crucial for businesses operating in the knitting machine industry, ensuring smooth trade operations and fostering international cooperation.