When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying and identifying products. In this article, we will delve into the HS Code 85229035, which refers to assemblies and subassemblies of articles of 8520.90.
The product description of HS Code 85229035 states that it consists of two or more pieces fastened together, excluding printed circuit assemblies. This code is used to categorize and track the import and export of such products.
One important aspect of international trade is the bound or Most Favored Nation (MFN) duty rate. For HS Code 85229035, the bound duty rate is 2%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 85229035 is reported as "no units collected (X)." This indicates that there is no specific unit of measurement associated with this code. It could be based on the number of assemblies or subassemblies being imported or exported.
Several special tariff preference programs apply to HS Code 85229035. These programs provide certain countries with preferential treatment when it comes to customs duties. The following countries and programs offer duty-free treatment for this code:
It is important to note that these special tariff preference programs vary in their eligibility criteria and specific goods covered. Importers and exporters should carefully review the requirements and conditions of each program to determine if they qualify for duty-free treatment.
In terms of importing and exporting HS Code 85229035, it is relevant to consider the specific US states involved. Unfortunately, the provided data does not include information on importing and exporting US states for this code. However, it is worth noting that the import and export of assemblies and subassemblies of articles can happen between any US state and any other country.
HS Code 85229035 pertains to assemblies and subassemblies of articles of 8520.90. It carries a bound duty rate of 2% and is associated with various special tariff preference programs that offer duty-free treatment for eligible products. Importers and exporters should be aware of these programs and their requirements. Furthermore, while the data does not provide specific information on importing and exporting US states, it is important to consider the potential for trade between any US state and other countries for this HS Code.