The HS Code 85042100 refers to liquid dielectric transformers that have a power handling capacity not exceeding 650 kVA. These transformers play a crucial role in electrical power distribution systems by converting high voltage electricity to lower voltage levels for safe and efficient usage.
When it comes to international trade, tariff rates and special preference programs can significantly impact the import and export of goods. Let's take a closer look at the details and implications of the HS Code 85042100.
The bound or most-favored-nation (MFN) duty rate for HS Code 85042100 is free. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This promotes fair and equal treatment in international trade.
The quantity unit for HS Code 85042100 is number (NO), indicating the number of liquid dielectric transformers being imported or exported.
Several special tariff preference programs are applicable to the import and export of liquid dielectric transformers under HS Code 85042100. These programs offer various benefits, including duty-free treatment. The programs and countries eligible for preferential treatment are as follows:
HS Code 85042100 is imported by several states in the United States. The following states are involved in importing liquid dielectric transformers:
HS Code 85042100 is exported by the following states in the United States:
HS Code 85042100 represents liquid dielectric transformers with a power handling capacity not exceeding 650 kVA. Understanding the tariff rates, special preference programs, and the states involved in importing and exporting these transformers is crucial for businesses and individuals engaged in international trade of electrical equipment.