When it comes to international trade, it is important to have a standardized system for classifying and identifying goods. The Harmonized System (HS) provides a framework for this, with each product assigned a unique HS code. One such code is 85287264, which represents color television reception apparatus with a flat panel screen, video display diagonal over 34.29 cm, incorporating a VCR or player.
The HS code 85287264 is used to facilitate trade and ensure that goods are properly classified and taxed. It helps customs authorities and traders determine the applicable duty rates and other trade measures. In this case, the bound / most-favored-nation (MFN) duty rate for this product is 3.9%. 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.
Importing this product into the United States requires compliance with specific regulations and may be subject to certain tariff preference programs. For example, under the Generalized System of Preferences (GSP), certain countries are excluded from eligibility for duty-free treatment for this HTS (Harmonized Tariff Schedule) subheading. However, there are several special tariff preference programs that apply to HS code 85287264, including:
It is important for importers and exporters to be aware of these special tariff preference programs as they can significantly impact the cost and competitiveness of the product in the market.
Now let's take a look at the specific US states that import HS code 85287264. The following states have been identified as importers of this product:
These states play a crucial role in the importation and distribution of color television reception apparatus with flat panel screens and VCRs or players. It is important for manufacturers, exporters, and importers to consider the demand and market potential in these states when conducting business related to HS code 85287264.
HS code 85287264 represents color television reception apparatus with a flat panel screen, video display diagonal over 34.29 cm, incorporating a VCR or player. Understanding this code and its associated regulations, duty rates, and tariff preference programs is essential for successful international trade in this product category.