Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 84835040: Gray-iron awning or tackle pulleys

Gray-iron awning or tackle pulleys with a wheel diameter not exceeding 6.4 cm fall under the HS code 84835040. This code is used to classify and identify these specific types of pulleys for trade and customs purposes.

When importing or exporting goods, it is crucial to correctly identify the appropriate HS code to ensure smooth customs clearance and adherence to trade regulations. The HS code system is an internationally recognized classification system used by countries worldwide to classify products for customs, statistical, and other purposes.

The product description provided for HS code 84835040 specifies that these pulleys are made of gray iron and are used for awnings or tackle systems. The maximum wheel diameter allowed for this particular code is 6.4 cm.

Importers and exporters dealing with gray-iron awning or tackle pulleys falling under HS code 84835040 should be aware of the applicable duty rates and any special tariff preference programs that may be available.

The bound or Most Favored Nation (MFN) duty rate for HS code 84835040 is 5.7%. The MFN duty rate indicates the rate that applies to all trading partners when a country lowers a trade barrier or opens up a market for a specific product or service.

It is important to note that certain special tariff preference programs may exempt these pulleys from duty charges, providing cost advantages for businesses engaged in international trade. HS code 84835040 is eligible for various special tariff preference programs, including:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible countries
• Australia Special Rate: Specific duty-free treatment for Australia
• Bahrain Special Rate: Specific duty-free treatment for Bahrain
• Agreement on Trade in Civil Aircraft: Duty-free treatment for participating countries
• NAFTA for Canada: Duty-free treatment for Canada under the North American Free Trade Agreement
• Chile Special Rate: Specific duty-free treatment for Chile
• Caribbean Basin Initiative (CBI): Duty-free treatment for eligible countries in the Caribbean region
• Israel Special Rate: Specific duty-free treatment for Israel
• Andean Trade Preference Act (ATPA): Duty-free treatment for eligible countries in the Andean region
• Jordan Special Rate: Specific duty-free treatment for Jordan
• Morocco Special Rate: Specific duty-free treatment for Morocco
• NAFTA for Mexico: Duty-free treatment for Mexico under the North American Free Trade Agreement
• Oman Special Rate: Specific duty-free treatment for Oman
• Dominican Republic-Central American Special Rate (DR-CAFTA): Duty-free treatment for participating countries in the DR-CAFTA region
• Peru Special Rate: Specific duty-free treatment for Peru
• Singapore Special Rate: Specific duty-free treatment for Singapore

Businesses importing or exporting gray-iron awning or tackle pulleys under HS code 84835040 should carefully check if their trading partners or the destination countries qualify for any of these special tariff preference programs. Availing these programs can significantly reduce or eliminate duty charges, making the trade more cost-effective.

As with any HS code, it is essential to ensure accurate classification and compliance with trade regulations. Importers and exporters are advised to consult with customs authorities or trade experts for specific guidance related to HS code 84835040 and its application in their respective trade transactions.