HS Code 85131040: Portable electric lamps designed to function by their own source of energy, other than flashlights
Portable electric lamps designed to function by their own source of energy, other than flashlights, fall under the HS code 85131040. This code is used internationally to classify and categorize goods for customs and trade purposes. Understanding the HS code for a specific product is crucial for importers, exporters, and customs officials as it provides vital information about the nature and characteristics of the product.
The HS code 85131040 specifically refers to portable electric lamps that are not powered by conventional batteries or electricity. These lamps are designed to operate using their own source of energy, which could include rechargeable batteries, solar panels, or other sustainable power sources. They are commonly used in various settings such as camping, outdoor activities, emergency situations, and as a backup lighting option.
When importing or exporting products classified under HS code 85131040, it is essential to be aware of the associated duty rates and any special tariff preference programs. The bound or MFN (Most Favored Nation) duty rate for this HS code is 3.5%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to all its trading partners for the same goods or services.
However, there are certain special tariff preference programs that provide duty-free treatment for portable electric lamps under HS code 85131040. These programs are applicable to specific countries and offer preferential trade terms to promote economic cooperation and development. The countries eligible for these special rates include Australia, Bahrain, Canada (under NAFTA), Chile, the European Union (EU), Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the United States.
The Generalized System of Preferences (GSP) is one such program that offers duty-free treatment for portable electric lamps under HS code 85131040. The GSP allows eligible developing countries to export certain products to developed countries without paying import duties. Australia, Bahrain, Canada (under NAFTA), Chile, the EU, Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the United States are all beneficiaries of the GSP program.
Additionally, there are other special tariff preference programs such as the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), the Dominican Republic-Central American Special Rate (DR-CAFTA), and specific bilateral agreements with individual countries. These programs aim to foster economic growth and encourage trade between participating nations by offering reduced or duty-free rates for certain goods, including portable electric lamps under HS code 85131040.
Importing and exporting of portable electric lamps under HS code 85131040 is not limited to specific US states. These lamps can be imported or exported from any state within the United States to various destinations around the world. The HS code is universally recognized and facilitates smooth customs clearance and efficient trade operations.
HS code 85131040 represents portable electric lamps designed to function by their own source of energy, other than flashlights. Importers, exporters, and customs officials should be familiar with the associated duty rates and special tariff preference programs applicable to this code. Understanding the HS code system is crucial for conducting international trade and ensuring compliance with customs regulations.
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