The HS Code 84597080 refers to a specific category of products known as Other Threading or Tapping Machines N.E.S.I. This code is used to classify and identify these types of machines for international trade purposes. In this article, we will explore the details of this HS code, including its description, duty rates, quantity unit, special tariff preference programs, and the states involved in importing and exporting this product.
The product description for HS Code 84597080 is "Other threading or tapping machines nesi." This means that it includes machines that are used for threading or tapping operations but are not classified under any other specific category. These machines are designed to perform these operations on various materials, such as metals, plastics, or wood.
The bound or MFN (Most Favored Nation) duty rate for HS Code 84597080 is 4.2%. This rate applies every time a country lowers a trade barrier or opens up a market. It is important to note that this duty rate must be applied equally to the same goods or services from all trading partners of a particular country.
The quantity unit for HS Code 84597080 is a number (NO), which indicates that the product is measured and traded based on the number of units. The specific unit of measurement may vary depending on the exact type and specifications of the threading or tapping machine.
HS Code 84597080 is eligible for various special tariff preference programs, providing certain countries with preferential treatment or duty-free access to the markets. The following countries and programs are associated with this HS code:
While not directly related to the HS Code itself, it is worth mentioning the states involved in importing and exporting the products classified under HS Code 84597080. One of the notable importing states is New Hampshire, which signifies that businesses or individuals in this state import the threading or tapping machines covered by this HS code. Conversely, the exporting US states can vary depending on the manufacturers and distributors of these machines.
HS Code 84597080 represents a category of threading or tapping machines that do not fall under any other specific classification. It is essential for international trade purposes, as it allows for the proper identification and classification of these machines. Understanding the HS code, its product description, duty rates, special tariff preference programs, and the states involved in importing and exporting can help businesses and individuals navigate the global market more effectively.