HS Code 85049095 refers to parts (other than printed circuit assemblies) of electrical transformers, static converters, and inductors. These parts are essential components that contribute to the functionality and efficiency of these electrical devices. Understanding the HS code and its associated data can provide valuable insights for importers, exporters, and businesses involved in the electrical industry.
The product description for HS Code 85049095 specifies that it includes parts of electrical transformers, static converters, and inductors. These parts are distinct from printed circuit assemblies, which are categorized separately. The HS code allows for clear classification and identification of these specific components, facilitating international trade and customs procedures.
The bound / MFN (Most Favored Nation) duty rate for HS Code 85049095 is 2.4%. This rate is applicable every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of duty rates. The MFN principle promotes fair and non-discriminatory trade practices among countries, fostering a level playing field for international commerce.
The quantity unit for HS Code 85049095 is not available (NA). This indicates that the specific unit of measurement for the quantity of these parts is not specified or standardized. Importers and exporters need to refer to alternative forms of measurement or negotiate quantity terms with their trading partners.
HS Code 85049095 is eligible for various special tariff preference programs. These programs provide specific benefits in terms of duty rates for importers and exporters dealing with the specified goods. The following special tariff preference programs apply to HS Code 85049095:
These special tariff preference programs offer importers and exporters opportunities to benefit from reduced or eliminated duty rates, thereby promoting trade and economic cooperation between countries.
HS Code 85049095 applies to imports and exports involving various US states. Importing US states refers to the states within the United States that receive imports of parts classified under HS Code 85049095. Exporting US states, on the other hand, are the states within the United States that export these parts to other countries.
Given the extensive usage and demand for electrical transformers, static converters, and inductors, it is likely that these parts are imported and exported by various US states. The specific states involved in importing and exporting HS Code 85049095 parts may vary depending on market demand, manufacturing capabilities, and trade relationships.
HS Code 85049095 pertains to parts of electrical transformers, static converters, and inductors. Importers, exporters, and businesses in the electrical industry can utilize the HS code and its associated data to facilitate international trade, understand duty rates, explore special tariff preference programs, and identify the importing and exporting US states involved in this trade.