HS Code 84834050 refers to fixed, multiple, and variable ratio speed changers that are not imported for use with machines for making cellulosic pulp, paper, or paperboard. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states.
The product described under HS Code 84834050 includes speed changers that are used to change the rotational speed of a mechanism. These speed changers can have fixed, multiple, or variable ratios, allowing for different speed adjustments depending on the application. It is important to note that these speed changers are not specifically designed for use with machines used in the production of cellulosic pulp, paper, or paperboard.
The bound or most-favored-nation (MFN) duty rate for HS Code 84834050 is 2.5%. The MFN duty rate is applicable every time 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. This duty rate helps to maintain fair trade practices and equal opportunities for all countries involved.
The quantity unit for HS Code 84834050 is number (NO), indicating that the quantity is measured in numerical terms rather than weight or volume. This unit is commonly used for products that can be counted or measured in discrete units.
HS Code 84834050 is eligible for various special tariff preference programs, which provide duty-free treatment or reduced duty rates for specific countries. The following programs are applicable to this HS code:
HS Code 84834050 is imported into the following US states:
These states are the primary recipients of imports under this HS code, indicating their demand for fixed, multiple, and variable ratio speed changers.
The US states that export products under HS Code 84834050 are:
These states have the capability to manufacture or produce fixed, multiple, and variable ratio speed changers for export to other countries.
HS Code 84834050 represents fixed, multiple, and variable ratio speed changers that are not imported for use with machines for making cellulosic pulp, paper, or paperboard. This HS code is subject to a 2.5% duty rate and is eligible for various special tariff preference programs, providing duty-free treatment or reduced duty rates for specific countries. The importing US states include Colorado, Florida, Kansas, New Hampshire, and Oklahoma, while the exporting US states are New Hampshire, North Carolina, and the Virgin Islands.