The HS Code 84663080 refers to special attachments that are designed for use solely or primarily for machine tools falling under headings 8456 to 8465, which includes various types of metalworking machines. These attachments are not elsewhere specified or included (nesoi) within the classification system.
Machine tools are essential equipment in the manufacturing industry, used for shaping, cutting, drilling, and finishing metals or other materials. They play a crucial role in various sectors such as automotive, aerospace, construction, and electronics.
Special attachments for machine tools are designed to enhance their functionality, precision, and efficiency in specific applications. These attachments can be customized for different tasks, enabling the machine tools to perform a wide range of operations with greater accuracy and productivity.
The product description of HS Code 84663080 specifies that the special attachments are intended for use solely or principally with machine tools falling under headings 8456 to 8465. These machine tool headings cover a wide range of equipment, including:
It is important to note that the special attachments covered by HS Code 84663080 are not limited to a specific type of machine tool but are applicable to a broad range of equipment falling under the mentioned headings.
The bound duty rate for products classified under HS Code 84663080 is 8%. Bound duty rates are the maximum tariffs that a country can impose on imports. However, it is essential to consider that countries often negotiate lower rates through free trade agreements or special tariff preference programs.
Several special tariff preference programs offer duty-free treatment for products classified under HS Code 84663080. These programs aim to promote international trade and economic cooperation between countries. The following countries and regions provide special rate advantages for the import of these special attachments:
These special tariff preference programs aim to reduce trade barriers and promote economic growth by facilitating the import and export of goods between countries. By taking advantage of these programs, importers can significantly reduce the cost of importing special attachments for machine tools.
HS Code 84663080 covers the import and export of special attachments for machine tools into and from the United States. As the United States is a major player in the global manufacturing industry, there is a significant demand for these attachments within the country.
The importing US states may include industrial hubs such as California, Texas, Michigan, Ohio, and Illinois, which have a high concentration of manufacturing facilities and machine tool users. These states rely on the import of specialized attachments to enhance the capabilities of their machine tools and meet the demands of various industries.
The exporting US states may vary depending on the location of manufacturers or exporters of these special attachments. However, states with a strong manufacturing base, such as California, Ohio, Michigan, Illinois, and New York, are likely to contribute to the export of these products.
Overall, HS Code 84663080 plays a vital role in facilitating international trade in special attachments for machine tools. These attachments enhance the performance and versatility of machine tools, enabling manufacturers to meet the demands of diverse industries while benefiting from preferential duty rates under special tariff preference programs.