When it comes to international trade, it is essential to have a standardized system for classifying goods. This is where the Harmonized System (HS) codes come into play. The HS Code 84839030 refers to parts of bearing housings and plain shaft bearings, not elsewhere specified. In this article, we will delve deeper into the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code.
HS Code 84839030 encompasses various components related to bearing housings and plain shaft bearings. These parts are essential for the proper functioning and assembly of bearings, ensuring smooth rotational movement and reducing friction. However, it is important to note that this HS code specifically covers parts that are not classified elsewhere.
The bound or most-favored-nation (MFN) duty rate for HS Code 84839030 is 4.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate to the same goods or services from all its trading partners. This helps maintain fairness and equal treatment in international trade.
As per the available data, no units have been collected for HS Code 84839030. This might indicate that the quantity unit is not applicable or has not been specified in the data source.
HS Code 84839030 is eligible for several special tariff preference programs, which provide certain countries with preferential treatment or exemptions from duty. These programs aim to promote economic development, strengthen international partnerships, and foster trade relationships. Here are some of the special tariff preference programs associated with this HS code:
These special tariff preference programs provide opportunities for countries to access the market with reduced or eliminated duty rates, promoting trade and collaboration between nations.
HS Code 84839030 can be imported or exported from various US states, depending on the demand and supply dynamics. The data does not specify the importing or exporting US states, so it is important to consider the overall trade patterns and market dynamics when determining the specific states involved in trade related to this HS code.
HS Code 84839030 covers parts of bearing housings and plain shaft bearings, not elsewhere specified. It is associated with a duty rate of 4.5% and is eligible for various special tariff preference programs. Understanding the product description, duty rates, and special programs helps facilitate international trade and promotes economic growth.