HS Code 84561010: Machine Tools Operated by Laser or Other Light or Photon Beam Processes, for Working Metal

Machine tools are essential in various industries for the precision shaping and machining of metal components. Among the myriad types of machine tools available, those operated by laser or other light or photon beam processes have emerged as highly efficient and versatile tools for working with metal. This article explores the details and significance of HS Code 84561010, which specifically covers machine tools operated by laser or other light or photon beam processes for working metal.

Product Description

The HS Code 84561010 encompasses machine tools that utilize laser or other light or photon beam processes to perform various metalworking operations. These machines are designed to provide highly accurate and intricate cutting, welding, engraving, and marking capabilities. By utilizing the power of lasers or other light beams, these machine tools can work on a wide range of metals, including steel, aluminum, brass, and more.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for HS Code 84561010 is 3.5%. This rate signifies the rate applied to imports of machine tools operated by laser or other light or photon beam processes for working metal. It is important to note that this duty rate remains consistent every time a country lowers a trade barrier or opens up its market, ensuring equal treatment for goods or services from all trading partners.

Quantity Unit

The quantity unit for HS Code 84561010 is "number" (NO). This unit indicates that the measurement of the imported or exported machine tools is done on a per-unit basis. It signifies that the quantity of machines being traded is counted individually rather than being measured by weight or volume.

Special Tariff Preference Programs

HS Code 84561010 is eligible for various special tariff preference programs, allowing importers to benefit from reduced or duty-free treatment. The following programs apply to this HS Code:

Generalized System of Preferences (GSP) (duty-free treatment): This program grants duty-free treatment to eligible machine tools imported from countries participating in the GSP program.
Australia Special Rate: Australia offers a special rate for machine tools operated by laser or other light or photon beam processes for working metal.
Bahrain Special Rate: Bahrain provides a special rate for imports of machine tools covered by HS Code 84561010.
NAFTA for Canada (duty-free treatment): Under the North American Free Trade Agreement (NAFTA), Canada grants duty-free treatment to machine tools from the United States.
Chile Special Rate: Chile offers a special rate for machine tools operated by laser or other light or photon beam processes for working metal.
Caribbean Basin Initiative (CBI): The CBI program provides duty-free treatment for eligible machine tools imported from designated Caribbean countries.
Israel Special Rate (duty-free treatment): Israel grants duty-free treatment to machine tools covered by HS Code 84561010.
Andean Trade Preference Act (ATPA): The ATPA program provides preferential treatment for eligible machine tools from Andean countries.
Jordan Special Rate: Jordan offers a special rate for imports of machine tools operated by laser or other light or photon beam processes for working metal.
Morocco Special Rate: Morocco provides a special rate for machine tools covered by HS Code 84561010.
NAFTA for Mexico: Similar to Canada, Mexico also grants duty-free treatment to machine tools from the United States under NAFTA.
Oman Special Rate: Oman offers a special rate for imports of machine tools operated by laser or other light or photon beam processes for working metal.
Dominican Republic-Central American Special Rate (DR-CAFTA): The DR-CAFTA program provides preferential treatment for eligible machine tools from the Dominican Republic and Central American countries.
Peru Special Rate: Peru offers a special rate for machine tools operated by laser or other light or photon beam processes for working metal.
Singapore Special Rate: Singapore provides a special rate for imports of machine tools covered by HS Code 84561010.

Importing and Exporting US States

HS Code 84561010 facilitates the import and export of machine tools operated by laser or other light or photon beam processes for working metal between various US states. The specific importing and exporting states may vary depending on the demand and supply dynamics, as well as the industrial requirements. However, some prominent importing and exporting US states for this HS Code include:

Importing US States: California, Texas, New York, Illinois, Ohio, Pennsylvania, Michigan, New Jersey, Georgia, and Florida are among the major states importing machine tools covered by HS Code 84561010.
Exporting US States: California, Texas, Ohio, Michigan, Illinois, Pennsylvania, Indiana, Wisconsin, New York, and Minnesota are among the major states exporting machine tools operated by laser or other light or photon beam processes for working metal.