Electrical fixed resistors play a crucial role in various electronic devices and systems. These resistors are designed to limit the flow of electric current in a circuit. HS Code 85332100 specifically refers to electrical fixed resistors that are not composition or film type carbon resistors and have a power handling capacity not exceeding 20 W.
When it comes to international trade, it is important to have standardized codes like HS codes to classify and identify products. The HS code 85332100 helps to distinguish these specific types of resistors from other electrical components and products.
Understanding the product description mentioned in the HS code, it is clear that these electrical fixed resistors are designed to handle power up to 20 W. This power handling capacity is important to ensure the resistors can effectively regulate the flow of electricity without overheating or getting damaged.
The HS code 85332100 is relevant for importers and exporters who deal with electrical fixed resistors. Let's take a look at some details regarding importing and exporting:
When importing electrical fixed resistors under HS code 85332100, certain considerations need to be taken into account. The quantity unit for these resistors is measured in numbers (NO), indicating the number of individual resistors being imported.
In the United States, specific states are known for importing electrical fixed resistors under HS code 85332100. These states include Mississippi, Puerto Rico, South Carolina, South Dakota, Idaho, and Nebraska.
While the specific exporting states are not mentioned, it is important to note that these electrical fixed resistors are in demand globally. Manufacturers and suppliers from various countries can export these resistors to meet the needs of different industries and applications.
Understanding the tariff rates and preference programs associated with a product is crucial for importers and exporters. Here are the details for HS code 85332100:
The bound or most-favored-nation (MFN) duty rate for this HS code is free. This means that countries are not required to impose any duty or tax on electrical fixed resistors under this code. This is beneficial for international trade as it encourages the smooth flow of these essential components.
In addition, there are several special tariff preference programs applicable to HS code 85332100. These programs provide additional benefits and exemptions for specific countries. The countries included in these programs are: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic (under DR-CAFTA), Central American countries (under DR-CAFTA), Peru, and Singapore.
These preference programs aim to promote trade and strengthen economic relations between countries. By offering duty-free treatment or special rates, these programs make it more financially viable for importers and exporters to engage in trade activities involving electrical fixed resistors.
HS code 85332100 refers to electrical fixed resistors that are essential components in various electronic devices and systems. Understanding the specific HS code helps in proper classification and identification of these resistors for importers, exporters, and customs authorities.
Furthermore, knowing the importing and exporting states, as well as the tariff and preference programs associated with this HS code, allows businesses to navigate the international trade landscape more effectively. By leveraging the benefits of these programs, importers and exporters can promote trade and ensure a seamless supply of electrical fixed resistors around the world.