The HS Code 84502000 refers to household- or laundry-type washing machines, each of a dry linen capacity exceeding 10 kg. This code is used to classify and identify these specific types of washing machines in international trade.
When importing or exporting washing machines with a dry linen capacity exceeding 10 kg, it is important to be familiar with the HS Code 84502000. This code ensures consistency and uniformity in classifying the products, making it easier for customs authorities and traders to identify and track these goods.
The bound or most-favored-nation (MFN) duty rate for washing machines under HS Code 84502000 is 1%. The MFN duty rate means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for washing machines under HS Code 84502000 is measured in numbers (NO). This unit signifies the number of washing machines being imported or exported.
There are also special tariff preference programs available for washing machines under HS Code 84502000. These programs provide certain countries with preferential treatment, such as duty-free access to the market. The following countries have special tariff preferences for washing machines:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved, providing benefits for both importers and exporters.
When importing washing machines under HS Code 84502000 to the United States, it is important to consider the specific regulations and requirements of different states. Each state may have its own rules and restrictions on the importation of these goods.
Similarly, when exporting washing machines from the United States, it is crucial to be aware of the regulations and requirements of the destination country. Understanding the import regulations of the country you are exporting to can help ensure a smooth and compliant trade transaction.
the HS Code 84502000 is used to classify and identify household- or laundry-type washing machines with a dry linen capacity exceeding 10 kg. It is important for importers and exporters to be familiar with this code and the associated duty rates and tariff preference programs. By understanding the regulations and requirements of both importing and exporting countries, businesses can engage in efficient and compliant international trade.