HS Code 85014060: AC Motors Nesi, Single-Phase, of 746 W or More
AC motors are an essential component of various electrical devices and machinery used in both domestic and industrial applications. The HS Code 85014060 specifically refers to single-phase AC motors with a power output of 746 watts or more. These motors are used in a wide range of applications, including appliances, power tools, HVAC systems, and industrial machinery.
When importing or exporting AC motors with this HS code, it is important to understand the associated regulations and duty rates. The bound or most-favored-nation (MFN) duty rate for these motors is 3.7%. 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 a number (NO), which indicates the number of AC motors being imported or exported.
Special tariff preference programs exist for AC motors with HS Code 85014060. These programs provide certain countries with preferential treatment or duty-free access to the market. The following countries and programs offer free trade for these motors:
- Generalized System of Preferences (GSP): This program provides duty-free treatment for AC motors from eligible countries. It aims to promote economic growth in developing countries.
- Australia Special Rate: AC motors from Australia receive duty-free treatment.
- Automotive Products Trade Act (APTA): AC motors covered under this act enjoy duty-free treatment.
- Bahrain Special Rate: AC motors from Bahrain receive duty-free treatment.
- Agreement on Trade in Civil Aircraft: AC motors covered under this agreement are eligible for duty-free treatment.
- NAFTA for Canada: AC motors from Canada enjoy duty-free treatment under the North American Free Trade Agreement.
- Chile Special Rate: AC motors from Chile receive duty-free treatment.
- Caribbean Basin Initiative (CBI): AC motors from eligible countries in the Caribbean Basin receive duty-free treatment.
- Israel Special Rate: AC motors from Israel receive duty-free treatment.
- Andean Trade Preference Act (ATPA): AC motors covered under this act enjoy duty-free treatment.
- Jordan Special Rate: AC motors from Jordan receive duty-free treatment.
- Morocco Special Rate: AC motors from Morocco receive duty-free treatment.
- NAFTA for Mexico: AC motors from Mexico enjoy duty-free treatment under the North American Free Trade Agreement.
- Oman Special Rate: AC motors from Oman receive duty-free treatment.
- Dominican Republic-Central American Special Rate (DR-CAFTA): AC motors from eligible countries in the Dominican Republic-Central America Free Trade Agreement receive duty-free treatment.
- Peru Special Rate: AC motors from Peru receive duty-free treatment.
- Singapore Special Rate: AC motors from Singapore receive duty-free treatment.
For importers in the United States, the state of Missouri is a significant market for AC motors with HS Code 85014060. Missouri has a strong industrial base and is home to various manufacturing industries that rely on AC motors for their operations.
When exporting AC motors with this HS code, it is crucial to identify potential markets and understand the regulations and preferences of each country. Conducting market research and seeking expert advice can help exporters make informed decisions and maximize their opportunities in international trade.
the HS Code 85014060 represents single-phase AC motors with a power output of 746 watts or more. Importers and exporters of these motors should be aware of the associated duty rates and special tariff preference programs available. Understanding market dynamics and regulations is essential for successful trade in AC motors.
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