HS Code 84514000 refers to washing, bleaching, or dyeing machines specifically designed for textile yarns, fabrics, or made-up textile articles. This code is used for international trade purposes to classify and track the import and export of these machines.
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. The bound or most-favored-nation (MFN) duty rate for HS Code 84514000 is 3.5%. This means that regardless of the country of origin, the importing country must apply a 3.5% duty rate on the machines falling under this HS code.
The quantity unit for HS Code 84514000 is number (NO). This unit is used to measure the quantity of machines being imported or exported.
There are several special tariff preference programs in place for HS Code 84514000. These programs provide certain countries with preferential treatment or duty-free access to the importing country's market. The countries that enjoy these benefits for this HS code include:
These special tariff preference programs allow the countries mentioned above to import or export HS Code 84514000 machines without incurring any duty charges or enjoying reduced duty rates.
HS Code 84514000 is applicable for importing and exporting textile washing, bleaching, or dyeing machines in the United States. The specific states involved in importing or exporting these machines may vary depending on the trade activities and demand. However, some of the major importing and exporting states in the US for HS Code 84514000 include:
These states have a significant presence in the textile industry and are likely to engage in the import and export of textile washing, bleaching, or dyeing machines covered by HS Code 84514000.
HS Code 84514000 plays a crucial role in international trade, facilitating the classification, tracking, and regulation of textile washing, bleaching, or dyeing machines. Understanding the customs regulations, duty rates, and preferential programs associated with this HS code is essential for businesses involved in the import and export of such machines.