The HS Code 85011060 refers to electric motors of an output of 18.65 W or more but not exceeding 37.5 W. This code is used to classify and identify these specific types of electric motors for international trade purposes. It is important to understand the details and implications of this HS code, as it can affect import and export regulations, tariffs, and special tariff preference programs.
Electric motors are widely used in various industries and applications, including manufacturing, transportation, household appliances, and more. They play a crucial role in converting electrical energy into mechanical energy, making them essential components in many devices and systems.
The HS code 85011060 specifically covers electric motors with an output power ranging from 18.65 W to 37.5 W. This power range is relatively low, and these motors are typically used in smaller devices or equipment that require less power. Examples of such applications include fans, pumps, small appliances, and automotive components.
When importing or exporting electric motors classified under HS code 85011060, it is essential to consider the associated duty rates. The bound or most-favored nation (MFN) duty rate for these motors is 2.8%. This means that a country imposing tariffs on these motors cannot charge a higher rate to specific trading partners without also applying the same rate to all other trading partners.
However, there are several special tariff preference programs that offer duty-free treatment for electric motors classified under HS code 85011060. The countries eligible for these programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods. The Generalized System of Preferences (GSP), the Automotive Products Trade Act (APTA), NAFTA for Canada, the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), and the Dominican Republic-Central American Special Rate (DR-CAFTA) are some of the programs applicable to HS code 85011060.
It is important to note that specific preferences and eligibility criteria may vary for each program. Importers and exporters should consult the respective trade agreements and regulations to ensure compliance and take advantage of any available benefits.
Finally, when considering the import or export of electric motors classified under HS code 85011060, it is relevant to understand the trade flow between specific US states. According to the available data, the exporting US states for these motors include Connecticut. On the other hand, the importing US state, as indicated by the provided information, is Missouri.
the HS code 85011060 represents electric motors of an output of 18.65 W or more but not exceeding 37.5 W. This code is used to classify and identify these motors for international trade purposes. Importers and exporters should be aware of the associated duty rates, special tariff preference programs, and trade flow between specific US states when dealing with electric motors classified under this HS code.