When it comes to international trade, there are specific codes used to classify different products. One such code is the HS Code, which stands for Harmonized System Code. The HS Code 84779025 refers to the base, bed, platen, and specified parts of machinery used for working rubber or plastics or for the manufacture of products from these materials.
These parts play a crucial role in the machinery used in industries that deal with rubber and plastics. They provide the necessary support and stability for the equipment, ensuring smooth and efficient operation. The base, bed, platen, and specified parts are essential components that enable the machinery to function effectively.
It is important to note that the HS Code 84779025 covers not only the base, bed, and platen but also other specific parts of machinery that are used in the processing of rubber or plastics. This code ensures that these parts are correctly classified for international trade purposes.
When it comes to import and export, the HS Code 84779025 has specific regulations and provisions. The bound or MFN (Most Favored Nation) duty rate for this code is 3.1%. 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.
It is important to note that the quantity unit for HS Code 84779025 is "no units collected (X)." This means that the quantity of these parts is not measured in a specific unit but rather indicated as "X." This could be due to the fact that the parts are not measured in a standard unit of measurement or that the data for quantity collection is not available.
There are also special tariff preference programs that apply to the import of goods classified under HS Code 84779025. These programs provide certain benefits and exemptions for countries that participate in them. For this particular code, several countries are eligible for special tariff rates or duty-free treatment:
These special tariff programs aim to promote trade and economic cooperation between countries by providing preferential treatment to certain goods. Importing countries can benefit from reduced or zero-duty rates, making it more cost-effective to import goods classified under HS Code 84779025.
In terms of specific trade data, the available information indicates that the importing US state for goods classified under HS Code 84779025 is Wyoming. On the other hand, the exporting US state is Vermont. This data suggests that Wyoming is the destination for imports of these machinery parts, while Vermont is the origin of exports.
the HS Code 84779025 encompasses the base, bed, platen, and specified parts of machinery used for working rubber or plastics or for the manufacture of products from these materials. This code is crucial for correctly classifying these parts for international trade purposes. It is subject to a bound or MFN duty rate of 3.1% and is eligible for special tariff preference programs that provide certain countries with duty-free treatment or special rates. The importing US state for goods classified under this code is Wyoming, while the exporting US state is Vermont.