HS Code 84672100 refers to electromechanical drills that are designed to be used by hand and are equipped with a self-contained electric motor. These drills are commonly used in various industries and applications, ranging from construction and woodworking to metalworking and DIY projects.
When it comes to international trade, the HS code plays a crucial role in identifying and classifying products. It is used by customs authorities and trade organizations to facilitate the smooth flow of goods across borders. The HS code 84672100 specifically categorizes electromechanical drills for hand use, providing a standardized classification for these products.
The product description for HS Code 84672100 is "Electromechanical drills of all kinds for working in the hand, with self-contained electric motor." This description encompasses a wide range of drills that are designed to be operated manually and feature an integrated electric motor. These drills can be corded or cordless, and they come in various sizes and power capacities to suit different user requirements.
The bound / MFN (Most Favored Nation) duty rate for HS Code 84672100 is 1.7%. This rate applies whenever a country lowers a trade barrier or opens up a market, ensuring that the same goods or services from all trading partners receive equal treatment. It is important to note that duty rates may vary between countries, and it is advisable to consult the specific tariff schedules of the importing and exporting countries for accurate information.
The quantity unit for HS Code 84672100 is "number" (NO), indicating that the measurement is based on the number of drills being imported or exported. This unit helps in determining the quantity of goods involved in international trade transactions.
HS Code 84672100 is eligible for several special tariff preference programs, which provide certain countries with preferential treatment or duty-free access to the importing markets. The following programs apply to this HS code:
HS Code 84672100 allows the importation of electromechanical drills for hand use into various states in the United States. While the provided data mentions New Hampshire multiple times, it is important to note that this HS code is not limited to a specific state or region. Importers can bring these drills into any state in the US, subject to compliance with customs regulations and any additional requirements imposed by individual states.
Overall, HS Code 84672100 plays a significant role in classifying and facilitating the international trade of electromechanical drills for hand use. Importers and exporters should familiarize themselves with the specific requirements and regulations associated with this HS code, especially when it comes to duty rates and special tariff preference programs applicable in different countries.