The HS Code 84839070 refers to parts of articles that fall under subheading 8483.20. This code is used to classify and identify specific types of goods for international trade purposes. Understanding the HS Code is essential for importers, exporters, and customs officials to ensure proper classification and documentation of goods being traded.
The product description for HS Code 84839070 is "Parts of articles of subheading 8483.20." This indicates that the code is applicable to various components or parts that are used in the manufacturing or assembly of articles falling under subheading 8483.20.
When it comes to the duty rate, the bound / MFN (Most Favored Nation) duty rate for HS Code 84839070 is 5.5%. The MFN duty rate is the standard rate applied to all trading partners of a country. It 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.
The quantity unit for HS Code 84839070 is "no units collected (X)." This means that the quantity of the parts imported or exported under this code is not measured in specific units but rather indicated as "X," which represents an unknown or variable quantity.
There are also special tariff preference programs available for imports under HS Code 84839070. These programs provide preferential treatment in terms of duty rates for certain countries. For example, imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under this subheading receive duty-free treatment. Other countries such as Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and Morocco have special rates ranging from duty-free treatment to 2.4%.
It is important to note that the special tariff preference programs are subject to specific conditions and eligibility criteria. Importers need to ensure compliance with the rules and regulations of each program to avail the benefits associated with reduced duty rates or duty-free treatment.
When importing goods under HS Code 84839070, it is also necessary to consider the importing and exporting US states. The specific states involved in the trade transaction may have additional regulations or requirements that need to be fulfilled. It is advisable to consult with customs officials or trade experts to ensure compliance with state-specific laws and procedures.
HS Code 84839070 represents parts of articles falling under subheading 8483.20. This code is used to classify and identify specific goods for international trade. Understanding the duty rates and special tariff preference programs associated with this code is crucial for importers and exporters. Compliance with state-specific regulations and requirements is also essential when dealing with imports and exports under this HS Code.