An AC motor is a type of electric motor that is powered by alternating current. The HS Code 85014040 refers to a specific type of AC motor that is single-phase and has a power output between 74.6W and 735W. This article will provide an extensive overview of this product and its classification under the HS Code system, as well as any relevant information related to trade barriers, duty rates, and special tariff preference programs.
The product described under HS Code 85014040 is an AC motor that is designed for single-phase applications. It has a power output exceeding 74.6W but not exceeding 735W. AC motors are widely used in various industries and applications, including HVAC systems, household appliances, power tools, and industrial machinery. These motors are known for their efficiency, reliability, and ease of use.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 85014040 is 4%. The MFN duty rate is applicable every time a country lowers a trade barrier or opens up a market. It requires countries to provide the same level of treatment to all its trading partners for the same goods or services. This ensures fair and non-discriminatory trade practices among countries.
The quantity unit for products classified under HS Code 85014040 is the number (NO). This means that the unit of measurement for these AC motors is counted by the number of units imported or exported.
There are several special tariff preference programs available for products classified under HS Code 85014040. These programs provide preferential treatment in terms of duty rates or exemptions for specific countries. The following programs are applicable to AC motors, nesi, single-phase, exceeding 74.6W but not exceeding 735W:
While the data provided does not specify the exporting US states, it does mention that the product has been imported into Missouri. This indicates that Missouri is one of the US states where imports of AC motors under HS Code 85014040 have been recorded.
HS Code 85014040 represents AC motors that are single-phase and have a power output exceeding 74.6W but not exceeding 735W. These motors are widely used in various industries and applications. Importers and exporters of these motors need to be aware of the bound / MFN duty rate of 4% and the special tariff preference programs that provide duty-free treatment for eligible countries. Understanding the HS Code system and the classification of products is essential for international trade and compliance with trade regulations.