Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 84518000: Machinery for the handling of textile yarns, fabrics or made up textile articles, nesi

When it comes to the handling of textile yarns, fabrics, or made up textile articles, machinery plays a crucial role in ensuring efficiency and productivity. One specific HS code that pertains to this type of machinery is 84518000. In this article, we will delve into the details of this HS code and explore its relevance in the textile industry.

The HS code 84518000 specifically refers to machinery used for the handling of textile yarns, fabrics, or made up textile articles that do not fall under any other specific HS code category. This code helps in classifying and identifying the specific type of machinery being imported or exported.

Importing or exporting machinery under HS code 84518000 requires an understanding of the associated duties, quantity units, and any special tariff preference programs that may be applicable. Let's take a closer look at these details:

• Bound / MFN duty rate: The duty rate for machinery under HS code 84518000 is 3.5%. This 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 duty rate ensures a fair and equal trading environment.
• Quantity unit: The quantity unit for machinery under HS code 84518000 is a number (NO). This unit signifies that the quantity of machinery being imported or exported is measured in numbers or pieces.
• Special tariff preference programs: There are several special tariff preference programs applicable to machinery under HS code 84518000. These programs provide certain countries with preferential treatment or duty-free access to the United States market. The countries included in these programs are:

• Australia (Generalized System of Preferences - duty-free treatment)
• Bahrain (Special Rate)
• Canada (NAFTA - duty-free treatment)
• Chile (Special Rate)
• Caribbean Basin Initiative (CBI)
• Israel (Special Rate - duty-free treatment)
• Andean Trade Preference Act (ATPA)
• Jordan (Special Rate)
• Morocco (Special Rate)
• Mexico (NAFTA - duty-free treatment)
• Oman (Special Rate)
• Dominican Republic-Central American (DR-CAFTA) Special Rate
• Peru (Special Rate)
• Singapore (Special Rate)

It is important for importers and exporters to be aware of these special tariff preference programs, as they can significantly impact the cost and competitiveness of machinery under HS code 84518000.

When it comes to importing or exporting machinery under HS code 84518000, it is essential to consider the specific states involved. While the data provided does not specify the importing and exporting US states, it is worth noting that different states may have varying regulations, requirements, and preferences when it comes to the handling of textile machinery.

HS code 84518000 plays a crucial role in classifying and identifying machinery used for the handling of textile yarns, fabrics, or made up textile articles. Importers and exporters need to be familiar with the associated duties, quantity units, and special tariff preference programs to ensure compliance and optimize their trade activities in the textile industry.