Electrical transformers play a vital role in the distribution and transmission of electricity. They are used to step up or step down the voltage levels to ensure safe and efficient power supply. The HS code 85043140 specifically refers to electrical transformers other than liquid dielectric, with a power handling capacity less than 1 kVA. In this article, we will explore the details of this HS code, including its product description, duty rates, special tariff preference programs, and the states involved in importing and exporting this product in the United States.
The product described under HS code 85043140 includes electrical transformers that do not use liquid dielectric and have a power handling capacity of less than 1 kVA. These transformers are commonly used in various applications, such as residential, commercial, and industrial settings. They are designed to efficiently convert electrical energy from one voltage level to another, ensuring safe and reliable power supply.
The bound or MFN (Most Favored Nation) duty rate for HS code 85043140 is 6.6%. 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. This duty rate applies to the import of electrical transformers falling under this HS code.
There are several special tariff preference programs that provide duty-free treatment for electrical transformers with HS code 85043140. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods, including electrical transformers falling under HS code 85043140.
The following US states are involved in importing electrical transformers with HS code 85043140:
These states are actively engaged in the import of electrical transformers with a power handling capacity less than 1 kVA. The import of these transformers contributes to the overall electricity infrastructure and ensures the availability of reliable power supply in various parts of the United States.
The following US states are involved in exporting electrical transformers with HS code 85043140:
These states play a crucial role in exporting electrical transformers to meet the global demand. Their expertise in manufacturing and supplying high-quality transformers contributes to the growth of the electrical industry and helps in meeting the power requirements of various countries.
HS code 85043140 represents electrical transformers with a power handling capacity less than 1 kVA. These transformers are integral to the distribution and transmission of electricity and are used in various sectors. Understanding the details of this HS code, including product description, duty rates, special tariff preference programs, and the states involved in importing and exporting, provides valuable insights into the trade dynamics of electrical transformers in the United States.