HS Code 84614010: Gear Cutting Machines for Working by Removing Metal or Cermets
Gear cutting machines are essential tools in the manufacturing industry. They are used for working with metal or cermets, which are composite materials made from ceramics and metals. The HS code 84614010 specifically refers to gear cutting machines that operate by removing metal or cermets.
These machines play a crucial role in the production of gears, which are vital components in various mechanical systems. They are used in industries such as automotive, aerospace, construction, and more. Gear cutting machines enable the precise shaping of gears, ensuring smooth and efficient operation of machinery.
The HS code 84614010 helps in identifying and classifying these gear cutting machines for trade and regulatory purposes. It is a standardized code that is used globally to facilitate international trade and ensure uniformity in customs procedures.
When importing or exporting gear cutting machines with the HS code 84614010, it is essential to consider the various duty rates and special tariff preference programs that may apply. The bound or most-favored-nation (MFN) duty rate for this code is 5.8%. This means that whenever 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.
However, there are several special tariff preference programs that offer duty-free treatment for gear cutting machines under the HS code 84614010. These programs include the Generalized System of Preferences (GSP), Australia Special Rate, Bahrain Special Rate, NAFTA for Canada, Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), Peru Special Rate, and Singapore Special Rate.
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing certain benefits and incentives for specific products. For gear cutting machines under the HS code 84614010, these programs allow for duty-free treatment, reducing the cost of importing or exporting such machinery.
It is also important to note that the quantity unit for gear cutting machines under the HS code 84614010 is "number" (NO). This means that the quantity of these machines is measured individually by the number of units.
In the United States, various states are involved in importing and exporting gear cutting machines with the HS code 84614010. These machines are essential for the manufacturing industry in states such as California, Texas, New York, Illinois, and Michigan, among others. The import and export of gear cutting machines contribute to the growth and development of these states' economies.
gear cutting machines for working by removing metal or cermets, classified under the HS code 84614010, are crucial tools in the manufacturing industry. They enable the precise shaping of gears, ensuring the smooth operation of machinery in various sectors. Importing or exporting these machines involves considering duty rates and special tariff preference programs, such as the GSP and various special rates for specific countries. The quantity unit for these machines is measured in "number" (NO). The import and export of gear cutting machines under this HS code contribute to the economic growth of various states in the United States.
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