When it comes to the drying process in the textile industry, efficient and effective machines are essential. In this article, we will explore the HS Code 84512900, which specifically refers to drying machines for yarns, fabrics, or made up textile articles, each with a dry linen capacity exceeding 10 kg. We will delve into the product description, tariff rates, and special tariff preference programs associated with this HS code.
The HS Code 84512900 covers drying machines designed for the textile industry. These machines are specifically used for drying yarns, fabrics, or made up textile articles. They are capable of handling a dry linen capacity exceeding 10 kg, making them suitable for large-scale textile production.
The bound or most-favored-nation (MFN) duty rate for HS Code 84512900 is 2.6%. The MFN principle ensures that every time 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. This duty rate applies to the importation of drying machines for yarns, fabrics, or made up textile articles across international borders.
The quantity unit for HS Code 84512900 is measured in numbers (NO). This unit represents the number of drying machines being imported or exported under this HS code.
Several special tariff preference programs are available for the importation of drying machines falling under HS Code 84512900. These programs provide various tariff benefits to specific countries. Here are some of the notable programs:
These special tariff preference programs aim to promote trade and cooperation between the countries involved, providing mutual benefits in the textile industry.
HS Code 84512900 applies to both importing and exporting activities in the United States. Textile businesses across the country can benefit from the importation of drying machines under this HS code. Similarly, US textile manufacturers can export their drying machines to various international destinations, contributing to the growth of the industry.
HS Code 84512900 covers drying machines for yarns, fabrics, or made up textile articles. The code represents a specific product category in the textile industry, with a dry linen capacity exceeding 10 kg. Understanding the product description, tariff rates, and special tariff preference programs associated with this HS code is crucial for textile businesses engaged in international trade.