When it comes to international trade, there are specific codes used to classify different products. One of these codes is HS Code 85286905, which refers to incomplete or unfinished color video projectors without a cathode-ray tube, flat panel screen, or similar display device, and does not incorporate a VCR or player.
This HS code plays an essential role in international trade as it helps customs authorities identify and classify products accurately. It is used by countries worldwide to determine the import and export duties, restrictions, and regulations related to this specific product category.
The product description for HS Code 85286905 is incomplete or unfinished color video projectors. These projectors do not include a cathode-ray tube, flat panel screen, or similar display device. Additionally, they do not incorporate a VCR or player.
It is important to note that incomplete or unfinished video projectors may require additional components or assembly before they can be used as fully functional devices. This classification helps differentiate them from complete video projectors that are ready for use out of the box.
The bound / MFN (Most Favored Nation) duty rate for HS Code 85286905 is free. This means that the importing country does not impose any import duties on this product category.
The principle behind the MFN duty rate is 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 promotes fair and non-discriminatory trade practices.
The quantity unit for HS Code 85286905 is a number (NO). This indicates that the product is measured and traded based on the number of units rather than weight or volume.
Several special tariff preference programs offer duty-free treatment for products classified under HS Code 85286905. These programs provide preferential treatment to specific countries or regions, promoting trade and economic cooperation.
These special tariff preference programs aim to facilitate trade, promote economic growth, and foster positive relationships between participating countries.
HS Code 85286905 is imported by the following US states:
These states have a demand for incomplete or unfinished color video projectors and engage in trade activities related to this product category.
HS Code 85286905 is exported mainly from the state of Texas. This indicates that Texas is a significant player in the production and distribution of incomplete or unfinished color video projectors.
As an exporter, Texas contributes to international trade and supplies these products to meet the demand in other countries.
HS Code 85286905 refers to incomplete or unfinished color video projectors without a cathode-ray tube, flat panel screen, or similar display device, and does not incorporate a VCR or player. This code is used to classify and regulate the import and export of these products globally.
Understanding the HS code and its implications is crucial for businesses involved in international trade, as it helps ensure compliance with customs regulations and allows for accurate calculation of import duties and taxes.
Moreover, the availability of special tariff preference programs provides opportunities for duty-free trade and fosters economic cooperation between participating countries.