HS Code 85011040: Electric motors of an output of under 18.65 W, other than synchronous valued not over $4 each
Electric motors play a crucial role in various applications, ranging from household appliances to industrial machinery. The HS Code 85011040 specifically refers to electric motors with an output of under 18.65 W, excluding synchronous motors valued not over $4 each. In this article, we will explore the details and implications of this HS code, including its product description, duty rates, quantity units, and special tariff preference programs.
Product Description:
The product description of HS Code 85011040 states that it encompasses electric motors with an output of under 18.65 W. These motors are different from synchronous motors and should not exceed a value of $4 each. This specific classification helps in identifying and categorizing these motors accurately for trade and regulatory purposes.
Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for HS Code 85011040 is 4.4%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment. This duty rate helps to maintain fair trade practices and prevents unfair advantages for specific countries or products.
Quantity Unit:
The quantity unit for HS Code 85011040 is "number" (NO). This unit signifies that the quantity is measured in the number of electric motors imported or exported. It provides a standardized unit of measurement for tracking the volume of trade involving these motors.
Special Tariff Preference Programs:
HS Code 85011040 is eligible for various special tariff preference programs. These programs offer specific benefits and exemptions to countries participating in them. Here are the special tariff preference programs applicable to this HS code:
- Free: Generalized System of Preferences (GSP) (duty-free treatment)
- Australia Special Rate: Automotive Products Trade Act (APTA) (duty-free treatment)
- Bahrain Special Rate
- NAFTA for Canada (duty-free treatment)
- Chile Special Rate
- Caribbean Basin Initiative (CBI)
- Israel Special Rate (duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
- Singapore Special Rate
These special tariff preference programs aim to promote trade, strengthen diplomatic relationships, and provide economic benefits to the participating countries. They may include duty-free treatment, reduced duty rates, or other trade-related advantages.
Importing US States:
While the provided data does not specify the exporting country, it mentions that the electric motors under HS Code 85011040 are imported into the US state of Missouri. This information indicates that there is a demand for these motors in Missouri, possibly for various industries or consumer applications.
Exporting US States:
The provided data also states that the electric motors under HS Code 85011040 are exported from the US state of Connecticut. This implies that Connecticut has a manufacturing or distribution hub for these motors, supplying them to domestic and international markets.
HS Code 85011040 covers electric motors with an output of under 18.65 W, excluding synchronous motors valued not over $4 each. This HS code is subject to a 4.4% bound / MFN duty rate, and its quantity is measured in numbers (NO). It is eligible for various special tariff preference programs, offering benefits and exemptions to participating countries. The data indicates that these motors are imported into Missouri and exported from Connecticut, highlighting the importance of these states in the trade of electric motors.
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