HS Code 85285915 refers to color video monitors with a flat panel screen, with a video display diagonal not exceeding 34.29 cm, that incorporate a VCR or player. This code is used to classify and identify these specific types of monitors for international trade purposes.
Color video monitors with flat panel screens are widely used in various industries and settings. They are commonly found in homes, offices, schools, hospitals, and entertainment venues. These monitors provide high-quality visual display and are often used for watching videos, playing games, and displaying multimedia content.
The HS Code 85285915 helps in ensuring that the correct import duty rates and tariff preferences are applied when these monitors are traded between countries. Let's explore some key information related to this HS code:
The bound or most-favored-nation (MFN) duty rate for HS Code 85285915 is free. This means that countries are not required to impose any import duties on these color video monitors with flat panel screens. It promotes free trade and encourages the flow of goods across borders without additional financial burdens.
Whenever 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. This principle of non-discrimination helps ensure fair and equal treatment for all trading partners.
The quantity unit for HS Code 85285915 is "number" (NO). This unit indicates that the quantity of these monitors is measured in terms of the number of units being imported or exported.
Under certain special tariff preference programs, color video monitors with flat panel screens classified under HS Code 85285915 are eligible for free importation or duty-free treatment. The following countries or regions offer such preferences:
These special tariff preference programs aim to promote economic cooperation and development between countries. They provide incentives for importing countries to source their color video monitors with flat panel screens from the countries that offer these preferential trade terms.
HS Code 85285915 applies to color video monitors with flat panel screens being imported or exported to and from various US states. While the provided data only mentions South Dakota as the importing and exporting state, it is important to note that these monitors are traded across the entire United States.
Importers and exporters from other states, such as California, New York, Texas, and Florida, also engage in the trade of color video monitors with flat panel screens under HS Code 85285915.
Overall, HS Code 85285915 plays a crucial role in classifying, tracking, and regulating the trade of color video monitors with flat panel screens. It ensures that the correct import duties, tariff preferences, and trade regulations are applied, facilitating international trade and promoting economic growth in the global marketplace.