HS Code 84609080 refers to a specific category of machine tools used for deburring, polishing, or otherwise finishing metal or cermet materials. This code is used to classify these tools for international trade purposes, allowing for the accurate identification and categorization of goods during import and export processes.
The product description associated with HS Code 84609080 specifies that it covers machine tools that are not numerically controlled. These tools are utilized for various finishing processes, such as deburring and polishing, to achieve the desired surface quality and smoothness of metal or cermet materials.
When importing or exporting goods classified under HS Code 84609080, it is crucial to understand the associated duty rates and any special tariff preference programs that may apply. The bound or MFN (Most Favored Nation) duty rate for this HS code is 4.4%. This means that every time 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 quantity unit for HS Code 84609080 is measured in numbers (NO). This unit signifies that the quantity of these machine tools is counted individually rather than measured by weight or volume.
There are also special tariff preference programs available for goods classified under HS Code 84609080. These programs provide specific countries with preferential treatment in terms of duty rates. The following countries have free tariff preferences for this HS code: Australia (A), Bahrain (BH), Canada (CA) under NAFTA, Chile (CL), European Union (E), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX) under NAFTA, Oman (OM), Peru (P), Singapore (SG).
The detailed breakdown of the special tariff preference programs is as follows:
Now, let's explore the implications of HS Code 84609080 for importing and exporting to/from the United States. When importing goods under this HS code, the following US states are commonly involved in the export process:
These states are significant players in the trade of machine tools for deburring, polishing, or finishing metal or cermet materials.
HS Code 84609080 serves as a vital tool for international trade, ensuring accurate classification, duty rates, and preferential treatment for machine tools used in the finishing processes of metal and cermet materials. Understanding the implications of this HS code is crucial for businesses engaged in the import and export of these goods, allowing them to navigate trade barriers and take advantage of preferential programs for specific countries.