When it comes to floor maintenance, floor polishers are essential tools that help keep our floors clean and shiny. One specific type of floor polisher is categorized under HS Code 84798920. This code refers to floor polishers with self-contained electric motors, which are specifically designed for commercial or industrial use, rather than domestic purposes.
HS codes are standardized international codes used to classify different products for import and export purposes. They are essential for customs authorities and traders to ensure smooth international trade. The HS Code 84798920 specifically identifies floor polishers with self-contained electric motors, making it easier for importers and exporters to categorize and classify these products.
Bound/MFN duty rate: Free
One important aspect of HS codes is the bound or MFN (Most Favored Nation) duty rate associated with the specific code. The bound duty rate refers to the maximum tariff rate that a country can impose on a particular product. However, the MFN duty rate refers to the preferential tariff rate offered to a trading partner on a reciprocal basis.
In the case of HS Code 84798920, the bound/MFN duty rate is free. This means that when a country lowers a trade barrier or opens up its market, it must do so for all its trading partners in terms of the same goods or services. This ensures fair and equal treatment for all trading partners.
Quantity unit: Number (NO)
The quantity unit associated with HS Code 84798920 is a number (NO). This indicates that the quantity of floor polishers with self-contained electric motors is measured in numbers or units, rather than weight or volume. It provides a standardized unit for importers and exporters to quantify and track the number of floor polishers being traded.
Special tariff preference programs:
Importing US states:
Exporting US states:
HS Code 84798920 plays a crucial role in international trade by providing a standardized classification for floor polishers with self-contained electric motors. Importers and exporters can easily identify and categorize these products using this code, ensuring smooth customs procedures and accurate trade data.
Whether you are an importer looking to bring floor polishers into a specific state in the US or an exporter targeting certain states, understanding the HS code and its associated information is essential. It helps facilitate trade, determine tariff rates, and ensures compliance with trade regulations.
Next time you come across floor polishers with self-contained electric motors, remember the HS Code 84798920, and you'll have a better understanding of the classification and trade regulations surrounding these products.