Ball bearings are crucial components in various industries and applications, providing smooth and efficient rotation for machinery and equipment. HS Code 84821050 specifically refers to ball bearings other than ball bearings with integral shafts. In this article, we will explore the details of this HS code, including its product description, duty rates, special tariff preference programs, and importing/exporting states in the United States.
The HS code 84821050 covers ball bearings that do not have integral shafts. These bearings consist of an inner and outer ring with a set of balls in between, allowing for rotational movement and reducing friction. They are widely used in various industries, including automotive, aerospace, industrial machinery, and more.
The bound / MFN (Most Favored Nation) duty rate for HS code 84821050 is 9%. 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. Importers are required to pay this duty rate when bringing in ball bearings covered by this HS code.
The quantity unit for HS code 84821050 is "number" (NO), indicating that the quantity of ball bearings is measured in the number of individual units.
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable treatment for certain imports.
Importers in these states are actively involved in bringing in ball bearings covered by HS code 84821050. These states may have industries or businesses that heavily rely on ball bearings for their operations.
These states are actively involved in exporting ball bearings, including those covered by HS code 84821050. They have industries or manufacturers specializing in the production and distribution of ball bearings to meet domestic and international demand.
HS code 84821050 refers to ball bearings other than ball bearings with integral shafts. Understanding this HS code is essential for importers, exporters, and businesses involved in the trade of ball bearings. By familiarizing themselves with the duty rates, special tariff preference programs, and the importing/exporting states, stakeholders can make informed decisions and ensure compliance with applicable regulations.