HS Code 84561080: Machine tools operated by laser or other light or photon beam processes, other than for working metal, nesoi
Machine tools have revolutionized various industries by enabling precise and efficient manufacturing processes. One such category of machine tools is those operated by laser or other light or photon beam processes. These tools are used for a wide range of applications, excluding the working of metal. The HS Code 84561080 specifically refers to this category of machine tools.
The HS Code is an internationally recognized system for classifying products. It plays a crucial role in international trade by providing a standardized method for identifying goods. Each HS Code consists of a six-digit number, followed by additional digits for more specific classification. In the case of HS Code 84561080, the additional digits signify the exclusion of metalworking processes.
When importing or exporting machine tools operated by laser or other light or photon beam processes, it is essential to be familiar with the HS Code. This code helps customs authorities and traders accurately identify and classify the products, ensuring compliance with trade regulations.
The bound or most-favored-nation (MFN) duty rate for HS Code 84561080 is 2.4%. The MFN duty rate is the rate applied to a product when a country lowers a trade barrier or opens up its market. It is a non-discriminatory rate, meaning that it has to be the same for the same goods or services from all trading partners. This duty rate applies every time a country reduces trade barriers or opens up its market.
The quantity unit for HS Code 84561080 is the number (NO). This unit represents the number of machine tools being imported or exported.
In addition to the duty rate and quantity unit, there are special tariff preference programs available for machine tools operated by laser or other light or photon beam processes. These programs offer preferential treatment or duty-free access to specific countries. For HS Code 84561080, the following special tariff preference programs apply:
- Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products. Machine tools operated by laser or other light or photon beam processes may qualify for GSP benefits.
- Australia Special Rate: Australia offers a special rate for imports of machine tools operated by laser or other light or photon beam processes.
- Bahrain Special Rate: Bahrain provides a special rate for imports of machine tools operated by laser or other light or photon beam processes.
- NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), imports of machine tools operated by laser or other light or photon beam processes from Canada receive duty-free treatment.
- Chile Special Rate: Chile offers a special rate for imports of machine tools operated by laser or other light or photon beam processes.
- Caribbean Basin Initiative (CBI): The CBI provides duty-free access to the United States market for eligible products from certain Caribbean countries. Machine tools operated by laser or other light or photon beam processes may qualify for CBI benefits.
- Israel Special Rate: Israel offers duty-free treatment for imports of machine tools operated by laser or other light or photon beam processes.
- Andean Trade Preference Act (ATPA): The ATPA grants duty-free access to the United States market for eligible products from certain Andean countries. Machine tools operated by laser or other light or photon beam processes may qualify for ATPA benefits.
- Jordan Special Rate: Jordan provides a special rate for imports of machine tools operated by laser or other light or photon beam processes.
- Morocco Special Rate: Morocco offers a special rate for imports of machine tools operated by laser or other light or photon beam processes.
- NAFTA for Mexico: Similar to Canada, Mexico enjoys duty-free treatment for imports of machine tools operated by laser or other light or photon beam processes under NAFTA.
- Oman Special Rate: Oman provides a special rate for imports of machine tools operated by laser or other light or photon beam processes.
- Dominican Republic-Central American Special Rate (DR-CAFTA): The DR-CAFTA grants duty-free access to the United States market for eligible products from certain Central American countries and the Dominican Republic. Machine tools operated by laser or other light or photon beam processes may qualify for DR-CAFTA benefits.
- Peru Special Rate: Peru offers a special rate for imports of machine tools operated by laser or other light or photon beam processes.
- Singapore Special Rate: Singapore provides a special rate for imports of machine tools operated by laser or other light or photon beam processes.
HS Code 84561080 refers to machine tools operated by laser or other light or photon beam processes, excluding those used for working metal. This HS Code is crucial for accurately identifying and classifying these products in international trade. Importers and exporters should be aware of the bound duty rate, quantity unit, and special tariff preference programs available for this HS Code. By understanding the HS Code and associated information, businesses can ensure compliance with trade regulations and take advantage of preferential treatment when applicable.
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