HS Code 85371060 refers to boards, panels, and similar items that are equipped with apparatus for electric control. These products are specifically designed for motor control centers and have a voltage not exceeding 1,000. In this article, we will explore the details and implications of this HS code, including the import and export data, duty rates, and special tariff preference programs.
The product description for HS Code 85371060 includes boards, panels, and similar items that are equipped with apparatus for electric control. These products are used in motor control centers and have a voltage limit of 1,000. They are essential components in electrical systems and play a crucial role in controlling and regulating motors.
The bound / MFN (Most Favored Nation) duty rate for HS Code 85371060 is 2.7%. This duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of duty rates.
The quantity unit for HS Code 85371060 is the number (NO). This unit indicates the quantity of boards, panels, or similar items being imported or exported under this HS code.
HS Code 85371060 is eligible for various special tariff preference programs, which provide certain countries with preferential treatment in terms of duty rates. The following programs offer duty-free treatment for this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods.
Based on the available data, the following US states have imported products under HS Code 85371060:
These states have been involved in the importation of boards, panels, and similar items equipped with apparatus for electric control under this HS code.
On the other hand, the following US states have exported products under HS Code 85371060:
These states have been involved in the exportation of boards, panels, and similar items equipped with apparatus for electric control under this HS code.
HS Code 85371060 covers boards, panels, and similar items equipped with apparatus for electric control. These products are essential in motor control centers and have a voltage not exceeding 1,000. Importers and exporters should be aware of the bound / MFN duty rate, special tariff preference programs, and the states involved in the import and export of these products. By understanding the details and implications of HS Code 85371060, businesses can navigate international trade more effectively and take advantage of the available opportunities.