Radio-tape player combinations are an essential component of modern motor vehicles. These devices provide entertainment and convenience for drivers and passengers during their journeys. The HS code 85272110 specifically refers to radio-tape player combinations that are not operable without an external power source.
When it comes to international trade, the Harmonized System (HS) code is used to classify products for customs purposes. The HS code 85272110 helps customs authorities identify and categorize radio-tape player combinations for motor vehicles, ensuring proper regulation and taxation.
Radio-tape player combinations falling under the HS code 85272110 have a bound or Most Favored Nation (MFN) duty rate of 2%. This means that when 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. The 2% duty rate applies to these combinations regardless of the country of origin.
The quantity unit for radio-tape player combinations is measured in number (NO). This unit indicates the total count of these devices imported or exported.
There are several special tariff preference programs associated with the HS code 85272110. These programs offer duty-free treatment for imports and exports, providing advantages for certain countries and trade agreements. The programs include:
Now, let's take a look at the importing and exporting US states associated with HS code 85272110. The following states engage in trade related to radio-tape player combinations:
The HS code 85272110 plays a crucial role in the international trade of radio-tape player combinations. With its classification system and associated tariff preference programs, it ensures proper regulation and facilitates smooth trade between countries. Understanding the HS code and its implications is essential for businesses involved in the import and export of these devices.