The HS code 85013430 is used to classify DC motors that are not elsewhere specified or included (nesi), and have an output power exceeding 375 kW. This code is used in international trade to identify and categorize these specific types of motors.
When importing goods with this HS code, it is important to be aware of the bound or Most Favored Nation (MFN) duty rate. The bound duty rate for DC motors nesi, of an output exceeding 375 kW, is 2.8%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for this HS code is number (NO), indicating that the quantity of DC motors being imported or exported is measured in individual units.
There are also special tariff preference programs available for this product. Under these programs, certain countries may receive preferential treatment or duty-free status. The countries eligible for these special tariff preferences include:
It is worth noting that the specific rates and conditions for these special tariff preference programs may vary. Importers and exporters should consult the relevant trade agreements and regulations to ensure compliance and take advantage of any available benefits.
In terms of the United States, the data provided does not specify the exporting states for products with this HS code. However, the importing state is listed as Missouri. This information can be helpful for businesses and individuals involved in trade to identify potential trading partners or sources of these DC motors.
the HS code 85013430 is used for DC motors nesi, of an output exceeding 375 kW. It is important to understand the bound duty rate, quantity unit, and any special tariff preference programs related to this HS code when importing or exporting these motors. Additionally, being aware of the specific importing and exporting states can provide valuable insights for trade activities.