Television receivers have become an essential part of our daily lives, providing us with entertainment, news, and information. Behind these devices, there are numerous components working together to deliver a seamless viewing experience. One such component is the parts of television receivers specified under HS Code 85299039.
This HS Code refers to specific parts of television receivers, excluding printed circuit assemblies. These parts are crucial for the functioning and performance of television receivers, ensuring that we can enjoy our favorite shows and movies in high-quality resolution.
When it comes to international trade, the HS Code plays a significant role in classifying products, determining tariffs, and facilitating trade agreements. HS Code 85299039 helps customs authorities and traders identify and categorize these specific parts of television receivers.
The product description under HS Code 85299039 is "Parts of television receivers specified in U.S. note 10 to chapter 85, other than printed circuit assemblies, nesi." This description provides a clear indication of the scope of the HS Code and the specific parts it encompasses.
Under the Harmonized System (HS), which is an internationally standardized system for classifying goods, HS Code 85299039 falls under Chapter 85, which is dedicated to electrical machinery and equipment. It further specifies that the parts covered by this HS Code do not include printed circuit assemblies.
HS Code 85299039 ensures that these parts are properly classified for customs purposes, allowing for efficient import and export procedures while ensuring compliance with international trade regulations.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 85299039 is 2.9%. This rate applies to imports of these parts from all countries, ensuring fair and equal treatment for trading partners.
The MFN principle states that every time 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 promotes transparency, non-discrimination, and fair trade practices.
While the regular duty rate for HS Code 85299039 is 2.9%, there are certain special tariff preference programs that offer duty-free treatment for imports of these parts. These programs are designed to promote economic development, foster trade relationships, and support specific beneficiary countries or regions.
Some of the special tariff preference programs applicable to HS Code 85299039 include:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and these beneficiary countries or regions. By providing duty-free treatment, they encourage imports and support the development of specific industries and markets.
HS Code 85299039 covers the import and export of parts of television receivers in the United States. While the data provided does not specify the exact quantities or units collected, it highlights the states involved in these trade activities.
Based on the data, the following states are involved in the import and export of these television receiver parts:
These states play a significant role in the distribution and trade of television receiver parts within the United States, contributing to the overall supply chain and availability of these components.
HS Code 85299039 covers the specific parts of television receivers, excluding printed circuit assemblies. This HS Code plays a crucial role in classifying these parts for customs purposes, determining tariff rates, and facilitating international trade.
With a bound / MFN duty rate of 2.9%, imports of these parts are subject to a fair and equal treatment principle. However, certain special tariff preference programs offer duty-free treatment for imports from specific beneficiary countries or regions.
The import and export of these television receiver parts involve states like New Hampshire and South Dakota, contributing to the distribution and availability of these components within the United States.
HS Code 85299039 is essential for customs authorities, traders, and manufacturers, ensuring the smooth flow of trade and supporting the development of the television industry worldwide.