Stators and rotors for electric motors and generators fall under HS Code 85030065. This code is used to classify these specific components, which are essential for the functioning of electric motors and generators. In this article, we will explore the product description, duty rates, special tariff preference programs, and the importing and exporting US states related to this HS code.
The product description for HS Code 85030065 is "Stators and rotors for electric motors & generators of heading 8501, nesi." This means that the code is applicable to stators and rotors that are used in electric motors and generators, which are classified under heading 8501. The abbreviation "nesi" stands for "not elsewhere specified or included," indicating that this code covers stators and rotors that do not have a specific classification under heading 8501.
The bound or MFN (Most Favored Nation) duty rate for HS Code 85030065 is 3%. This means that whenever 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 duty rate of 3% is applicable to the import of stators and rotors for electric motors and generators classified under this HS code.
There are several special tariff preference programs associated with HS Code 85030065. These programs provide preferential treatment in terms of duty rates for importing countries. The following special tariff preference programs are applicable to this HS code:
These special tariff preference programs provide various levels of duty-free treatment or reduced duty rates for the import of stators and rotors for electric motors and generators under HS Code 85030065, depending on the specific program and country.
The following US states have been identified as importers of stators and rotors for electric motors and generators classified under HS Code 85030065:
These states are actively involved in importing stators and rotors for electric motors and generators, indicating the demand for these components in various industries across the United States.
The following US states have been identified as exporters of stators and rotors for electric motors and generators classified under HS Code 85030065:
These states are actively engaged in manufacturing and exporting stators and rotors for electric motors and generators to meet the global demand for these components.
HS Code 85030065 classifies stators and rotors for electric motors and generators. The duty rate for this code is 3%. Several special tariff preference programs provide preferential treatment for importing countries. Various US states are involved in both importing and exporting these components, highlighting their importance in the electric motor and generator industry.