In international trade, the Harmonized System (HS) is used as a universal classification system for goods. Each product is assigned a unique HS code that helps in identifying and categorizing it for customs and statistical purposes. In this article, we will discuss the HS code 85285920 and explore its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The HS code 85285920 refers to color video monitors with a flat panel screen and a video display diagonal over 34.29 cm, which also incorporate a VCR or player. These monitors are designed to provide high-quality video display and playback capabilities in a compact and integrated package.
With the advancement in technology, flat panel screens have become popular due to their slim design and better picture quality. These video monitors are equipped with a VCR or player, allowing users to watch videos or play recorded content directly on the monitor without the need for additional devices.
The bound or Most Favored Nation (MFN) duty rate for the HS code 85285920 is 3.9%. The MFN principle ensures that 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 rate applies to all countries and is subject to change as per international trade agreements and negotiations.
The quantity unit for the HS code 85285920 is a number (NO). This unit signifies that the product is quantified based on the number of units being imported or exported. It is important to accurately declare the quantity to ensure compliance with trade regulations and facilitate customs procedures.
The HS code 85285920 is eligible for various special tariff preference programs, offering reduced or duty-free treatment for certain countries. The following special tariff preference programs apply:
These special tariff preference programs aim to promote trade, economic cooperation, and development between countries by offering benefits such as reduced or eliminated tariffs on specific products.
The HS code 85285920 is applicable for importing and exporting to various US states. However, it is important to note that the provided data only mentions South Dakota as the importing and exporting state. More information about the specific states involved in trade transactions for this HS code could be obtained from official trade data sources.
the HS code 85285920 represents color video monitors with a flat panel screen and a video display diagonal over 34.29 cm, incorporating a VCR or player. It is important for traders and importers to be aware of the duty rates, special tariff preference programs, and quantity units associated with this HS code to ensure compliance with trade regulations and take advantage of available benefits.