Broaching machines are essential equipment for working with metal or cermet materials, allowing for precise and efficient removal of material. These machines are numerically controlled, meaning they can be programmed to perform specific tasks with accuracy and consistency.
The HS Code 84613040 specifically refers to broaching machines that fall under this category. This code helps classify and identify these machines for customs and trade purposes, ensuring smooth international transactions and standardized import/export procedures.
The product description for HS Code 84613040 is "Broaching machines for working by removing metal or cermets, numerically controlled." This description provides a clear understanding of the purpose and function of these machines.
The bound/MFN (Most Favored Nation) duty rate for HS Code 84613040 is set at 4.4%. This rate applies whenever a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment.
This duty rate plays a crucial role in determining the cost of importing or exporting these broaching machines. Importers and exporters must consider this rate when calculating the total expenses involved in international trade.
The quantity unit for HS Code 84613040 is "number" (NO). This unit indicates that the measurement of these broaching machines is based on the number of units imported or exported.
It is important to note that the quantity unit may vary for different HS Codes. In this case, the "number" unit reflects the count of individual machines being traded.
Broaching machines classified under HS Code 84613040 can benefit from various special tariff preference programs. These programs offer specific trade advantages and reduced or duty-free treatment for eligible countries.
These special tariff preference programs aim to promote trade between countries and provide economic incentives for businesses involved in the import/export of broaching machines.
HS Code 84613040 applies to broaching machines imported into and exported from various US states. The specific states involved in importing and exporting these machines may vary depending on market demand, manufacturing capabilities, and other factors.
It is important for importers and exporters to consider the regulations and requirements of the states involved in the trade of broaching machines. Compliance with state laws and regulations is crucial for smooth and legal trade operations.
HS Code 84613040 represents broaching machines for working by removing metal or cermet, numerically controlled. This code helps classify and identify these machines for international trade purposes. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code is essential for importers and exporters in the broaching machine industry.