HS Code 84631000: Draw-benches for Bars, Tubes, Profiles, Wire or the Like

When it comes to working with metal or cermets, draw-benches play a crucial role in various industries. The HS Code 84631000 specifically refers to draw-benches used for bars, tubes, profiles, wire, or similar materials. These machines are designed to shape and form metal or cermets without removing any material, making them ideal for various manufacturing processes.

The HS Code 84631000 is an international product classification code used to identify and categorize the draw-benches mentioned above. This code ensures that the products are properly identified in international trade, making it easier for customs and regulatory authorities to track and monitor the movement of goods.

Importing and exporting these draw-benches involve specific regulations and duties. Let's explore some important details related to the HS Code 84631000:

Product Description

The draw-benches covered by HS Code 84631000 are used for working metal or cermets.
These machines are specifically designed to shape bars, tubes, profiles, wire, or similar materials.
One key feature of these draw-benches is that they work without removing any material from the metal or cermets.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 84631000 is 4.4%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate is applicable to draw-benches falling under this HS Code.

Quantity Unit

The quantity unit for HS Code 84631000 is a number (NO), which indicates that the measurement is counted in units rather than weight or volume.

Special Tariff Preference Programs

Under certain special tariff preference programs, the importation of draw-benches falling under HS Code 84631000 may receive preferential treatment. Here are some of the programs and countries that offer special tariff rates:

Generalized System of Preferences (GSP): Provides duty-free treatment for eligible countries.
Australia Special Rate: Offers specific tariff rates for draw-benches imported from Australia.
Bahrain Special Rate: Provides preferential tariff rates for draw-benches imported from Bahrain.
NAFTA for Canada: Duty-free treatment for draw-benches imported from Canada under the North American Free Trade Agreement.
Chile Special Rate: Offers specific tariff rates for draw-benches imported from Chile.
Caribbean Basin Initiative (CBI): Provides preferential treatment for draw-benches imported from eligible Caribbean countries.
Israel Special Rate: Offers duty-free treatment for draw-benches imported from Israel.
Andean Trade Preference Act (ATPA): Provides preferential tariff rates for draw-benches imported from eligible Andean countries.
Jordan Special Rate: Offers specific tariff rates for draw-benches imported from Jordan.
Morocco Special Rate: Provides preferential treatment for draw-benches imported from Morocco.
NAFTA for Mexico: Duty-free treatment for draw-benches imported from Mexico under the North American Free Trade Agreement.
Oman Special Rate: Offers specific tariff rates for draw-benches imported from Oman.
Dominican Republic-Central American Special Rate (DR-CAFTA): Provides preferential treatment for draw-benches imported from eligible countries in the Dominican Republic-Central American Free Trade Agreement.
Peru Special Rate: Offers specific tariff rates for draw-benches imported from Peru.
Singapore Special Rate: Provides preferential treatment for draw-benches imported from Singapore.

Importing and Exporting US States

When importing or exporting draw-benches falling under HS Code 84631000, it is important to consider the specific regulations and requirements of the US states involved. Different states may have their own rules and procedures for importing or exporting these machines. It is advisable to consult with local authorities or trade experts to ensure compliance with all necessary regulations.