Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 84734010: Printed Circuit Assemblies for Automatic Teller Machines

Printed circuit assemblies are an essential component of automatic teller machines (ATMs). These assemblies, classified under HS code 84734010, are responsible for the proper functioning of ATMs, ensuring smooth transaction processing and user-friendly interfaces. This article explores the details of HS code 84734010, including its product description, duty rates, special tariff preference programs, and the importing and exporting US states.

Product Description

HS code 84734010 refers to printed circuit assemblies specifically designed for automatic teller machines. These assemblies fall under subheading 8472.90.10, which covers various parts and components used in the manufacturing and maintenance of ATMs. Printed circuit assemblies play a crucial role in the functionality and reliability of ATMs, enabling secure financial transactions and providing convenient access to banking services.

Duty Rates

The bound or most-favored-nation (MFN) duty rate for HS code 84734010 is free. This means that countries are not required to impose any import duties or taxes on these printed circuit assemblies. The free duty rate applies whenever a country lowers a trade barrier or opens up its market, ensuring equal treatment for the same goods or services from all trading partners.

Special Tariff Preference Programs

Several special tariff preference programs offer duty-free treatment for HS code 84734010. These programs include:

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

These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products.

Importing US States

HS code 84734010 is imported by various states in the United States. The states that import printed circuit assemblies for ATM machines include:

• California
• Colorado
• Florida
• Georgia
• Massachusetts
• Oklahoma
• Texas
• Nevada
• Alaska
• District of Columbia
• Idaho
• Kentucky
• New Hampshire
• New Jersey
• New Mexico
• North Carolina
• Oregon
• Tennessee

These states recognize the importance of printed circuit assemblies in the functioning of ATMs and actively import them to meet the demands of their financial services industries.

Exporting US States

The United States also exports printed circuit assemblies for automatic teller machines to various states. The exporting US states for HS code 84734010 include:

• California
• Massachusetts
• New Mexico
• Oklahoma
• Texas
• Idaho
• New Jersey
• Florida
• Georgia
• Nevada
• North Carolina
• Oregon
• Tennessee

These states contribute to the export of printed circuit assemblies, showcasing the US's technological capabilities and supporting the global demand for ATM machines.

HS code 84734010 represents printed circuit assemblies used in automatic teller machines. These assemblies are crucial for the proper functioning of ATMs, enabling secure financial transactions and access to banking services. The duty rates for HS code 84734010 are free, and various special tariff preference programs provide duty-free treatment for these assemblies. Importing and exporting US states recognize the significance of printed circuit assemblies and actively engage in their trade to meet domestic and global demands.

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