The HS Code 85139020 refers to the specific category of products known as "Parts of Flashlights". This code is used to classify and identify these particular components when they are imported or exported across international borders. Having a standardized HS code system helps to facilitate trade by providing a common language for customs officials and businesses to use when discussing and categorizing goods.
When importing or exporting parts of flashlights under HS code 85139020, it is important to be aware of the associated regulations and tariff rates. The bound or MFN (Most Favored Nation) duty rate for these products is 12.5%. 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.
In terms of quantity units, no units are collected for parts of flashlights under HS code 85139020. This is denoted by the "X" in the data provided. It is important to note that the absence of quantity units does not mean that there are no restrictions or limitations on the import or export of these goods. Other regulations and requirements may still apply.
There are also special tariff preference programs available for parts of flashlights under HS code 85139020. These programs provide reduced or duty-free treatment for certain countries. Here are some of the programs and their associated rates:
These special tariff preference programs aim to promote economic cooperation and development between countries by reducing trade barriers and encouraging the exchange of goods. Businesses involved in the import or export of parts of flashlights under HS code 85139020 should take advantage of these programs where applicable to benefit from lower tariff rates.
It is also important to note that the specific importing and exporting US states can play a role in the regulations and requirements for parts of flashlights under HS code 85139020. Different states may have additional regulations or taxes that need to be considered when conducting international trade.
the HS Code 85139020 is used to classify and identify parts of flashlights when they are imported or exported. Understanding the associated duty rates, quantity units, and special tariff preference programs is crucial for businesses engaged in international trade. By adhering to the regulations and taking advantage of any applicable programs, businesses can navigate the import and export process more effectively and efficiently.