Electronic and electromechanical snap-action switches are essential components in various electrical and electronic systems. These switches are designed to provide a quick and reliable way to control the flow of electricity in a circuit. One specific type of snap-action switch is classified under HS Code 85365070, which covers certain specified electronic and electromechanical snap-action switches for a voltage not exceeding 1,000 V.
HS Code 85365070 is used to categorize these snap-action switches for import and export purposes. It helps customs authorities and traders identify the specific type of product being traded and determine the applicable duties and regulations. Understanding this HS code is crucial for importers, exporters, and manufacturers involved in the trade of electronic and electromechanical snap-action switches.
Bound/MFN Duty Rate:
The bound/MFN duty rate for HS Code 85365070 is free. This means that countries are not allowed to impose any duties or tariffs on the import or export of these snap-action switches. It is part of the principle of non-discrimination in international trade, where countries must treat all trading partners equally when it comes to trade barriers and market access.
Special Tariff Preference Programs:
HS Code 85365070 is eligible for special tariff preference programs in various countries. These programs offer additional benefits, such as duty-free treatment, to promote trade and economic cooperation. The following countries have special tariff rates for this HS code:
Importing US States:
When it comes to importing electronic and electromechanical snap-action switches under HS Code 85365070, certain US states are more active than others. The top importing states include New Hampshire, Arizona, North Dakota, Alabama, Colorado, Illinois, Iowa, Kansas, Kentucky, Michigan, Minnesota, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Wisconsin, and Wyoming.
Exporting US States:
On the other hand, the top exporting states for electronic and electromechanical snap-action switches under HS Code 85365070 include New Hampshire, Arizona, Pennsylvania, Puerto Rico, Connecticut, Illinois, North Dakota, Ohio, Oklahoma, Utah, Vermont, Washington, Wisconsin, Nebraska, and Arkansas.
Conclusion:
HS Code 85365070 plays a crucial role in the classification and regulation of electronic and electromechanical snap-action switches. Importers, exporters, and manufacturers must familiarize themselves with this HS code to ensure compliance with customs regulations and take advantage of any applicable tariff preference programs. Understanding the import and export trends associated with this HS code can also help businesses make informed decisions when it comes to market expansion and trade opportunities.