The HS Code 84633000 refers to machines used for working wire made of metal or cermets, without the need for material removal. This article will provide an extensive overview of the HS code, its product description, and relevant information regarding the bound / MFN duty rate, quantity unit number, and special tariff preference programs.
The HS code 84633000 encompasses machines specifically designed for working wire made of metal or cermets. These machines are capable of performing various operations on wire, such as bending, shaping, cutting, and forming, without the need for material removal. They are essential tools in industries that utilize wire-based materials for manufacturing processes.
The bound or Most Favored Nation (MFN) duty rate for HS code 84633000 is 4.4%. The MFN duty rate applies whenever a country reduces a trade barrier or opens up its market. It ensures that the same goods or services from all trading partners receive equal treatment. This duty rate is applicable to imports of machines for working wire of metal or cermets, without removing material.
The quantity unit number for HS code 84633000 is "NO," which stands for number. This unit denotes the quantity measurement used for import or export transactions of the specified product. In the case of machines for working wire, the quantity unit number represents the number of machines being imported or exported.
HS code 84633000 is eligible for various special tariff preference programs that offer different duty rates or duty-free treatment. The following programs are applicable to imports of machines for working wire of metal or cermets, without removing material:
These special tariff preference programs aim to promote trade and foster economic relationships between countries by reducing or eliminating import duties on specific products, including machines for working wire of metal or cermets.
The importing US states may vary depending on the demand for machines for working wire of metal or cermets. Some of the commonly involved states in importing these machines include California, New York, Texas, Illinois, and Ohio. These states have well-established manufacturing industries that rely on wire-based materials for their production processes.
On the other hand, the exporting US states may include those with companies specializing in the manufacturing and production of machines for working wire. States such as Wisconsin, Pennsylvania, Michigan, and Indiana are known for their expertise in producing machinery and equipment, including wire working machines.
HS code 84633000 encompasses machines used for working wire made of metal or cermets without removing material. It is subject to a bound / MFN duty rate of 4.4% and is measured in "NO" or number units. Importers can benefit from various special tariff preference programs, which offer duty-free treatment or specific tariff preferences. Understanding the HS code and its associated information is crucial for businesses involved in the import and export of machines for working wire.