The HS code 85012050 refers to a specific category of products: Universal AC/DC motors with an output power exceeding 735 W but under 746 W. This code is used to classify these motors for import and export purposes, allowing authorities to track and regulate their trade.
When importing or exporting goods, it is essential to understand the HS code assigned to the product. HS codes are a standardized system used globally to classify products for customs and statistical purposes. They help ensure smooth international trade by providing a common language for identifying and categorizing goods.
Universal AC/DC motors are versatile devices used in various applications, including industrial machinery, appliances, and automotive systems. They can operate on both alternating current (AC) and direct current (DC) power sources, making them highly adaptable for different environments and requirements.
The specific power range specified in this HS code, exceeding 735 W but under 746 W, indicates the motor's capacity and performance. Motors within this range are suitable for powering medium-sized equipment and machinery, providing adequate torque and speed for efficient operation.
When it comes to trade barriers and market access, the MFN (Most Favored Nation) duty rate associated with HS code 85012050 is 3.3%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to all its trading partners for the same goods or services.
In addition to the MFN duty rate, there are also special tariff preference programs available for products classified under HS code 85012050. The following countries and regions offer duty-free treatment for these motors:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment to certain products. Importers and exporters should familiarize themselves with these programs to take advantage of the benefits they offer.
When it comes to the specific quantity unit for HS code 85012050, it is measured in numbers (NO). This unit indicates that the quantity of motors imported or exported is counted individually.
Finally, it is worth noting that the information provided here is based on the available data and may be subject to change. Importers and exporters are advised to consult the latest regulations and documentation provided by the relevant authorities to ensure compliance and accurate classification of goods.
HS code 85012050 represents Universal AC/DC motors with an output exceeding 735 W but under 746 W. Understanding this code is crucial for importers, exporters, and regulatory authorities to facilitate international trade and ensure proper classification and treatment of these motors.