HS Code 85099045 refers to a specific category of parts used in electromechanical domestic appliances. These parts are specifically classified as housings and are commonly used in various household appliances. In this article, we will delve into the details of this HS code and explore its significance in international trade.
The product description for HS Code 85099045 is "Parts of electromechanical domestic appliances nesi, housings." This means that the code covers a wide range of components that are used in domestic appliances but are not classified under any other specific HS code. The focus here is on the housings, which are crucial for the overall structure and functionality of these appliances.
The bound or most-favored-nation (MFN) duty rate for HS Code 85099045 is 4.2%. The MFN duty rate is the rate applied to all trading partners when a country lowers a trade barrier or opens up a market. This ensures that the same goods or services from all trading partners receive equal treatment in terms of duties and tariffs.
According to the available data, no units have been collected for HS Code 85099045. This means that the quantity of these parts imported or exported is not specifically measured in units. However, it is important to note that the absence of collected units (X) might indicate that the quantity is not readily available or has not been reported.
HS Code 85099045 is eligible for several special tariff preference programs. These programs offer favorable trade conditions, including duty-free treatment, for specific countries. The following countries have been identified as beneficiaries of these programs for this HS code:
These special tariff preference programs aim to promote trade and strengthen economic ties between the countries involved. By providing duty-free treatment or preferential rates, they encourage the import and export of goods covered by HS Code 85099045.
As per the available data, there is no specific information regarding the importing and exporting US states for HS Code 85099045. This indicates that the data collection and reporting might not include state-level details for this particular HS code.
HS Code 85099045 covers parts of electromechanical domestic appliances, specifically focusing on housings. These components play a vital role in the structure and functioning of various household appliances. The code has a bound duty rate of 4.2% under the MFN principle, ensuring equal treatment for all trading partners. Additionally, several special tariff preference programs provide duty-free treatment or preferential rates for this HS code. However, the quantity units and state-level importing/exporting details for this code are currently unavailable or unreported.
Overall, understanding HS Code 85099045 is crucial for importers, exporters, and policymakers involved in the trade of electromechanical domestic appliance parts. It helps facilitate international trade by providing a standardized classification system and enabling trade agreements and tariff preferences between countries.