When it comes to international trade, it is important to have a standardized system to classify and categorize goods. The Harmonized System (HS) Code is a globally recognized system used for this purpose. Each product is assigned a unique HS code, which helps in simplifying trade procedures and facilitating the smooth flow of goods across borders.
One such HS code is 85411000, which is used for diodes, other than photosensitive or light-emitting diodes. Diodes are electronic components that allow current to flow in one direction and restrict it in the opposite direction. They are essential in various electronic devices and play a crucial role in controlling the flow of electricity.
Importing or exporting goods classified under HS Code 85411000 comes with certain regulations and considerations. Let's take a closer look at some important details related to this HS code:
The product description for HS Code 85411000 specifies that it covers diodes that are not photosensitive or light-emitting diodes. Photosensitive diodes are used in light-sensitive applications, while light-emitting diodes (LEDs) are used to emit light in various electronic devices.
Bound / MFN Duty Rate: Free
The bound or most-favored-nation (MFN) duty rate for goods classified under HS Code 85411000 is free. This means that countries are not required to impose any customs duty on the import or export of these goods. It promotes the free flow of trade and reduces barriers for international businesses.
Quantity Unit: Number (NO)
The quantity unit for HS Code 85411000 is "number" (NO), indicating that the measurement of these diodes is based on the number of units rather than weight or volume. This unit helps in accurately quantifying the quantity of diodes being imported or exported.
Several special tariff preference programs are available for goods classified under HS Code 85411000. These programs grant specific countries preferential treatment in terms of duty rates. Some of the programs applicable to this HS code are:
These special tariff preference programs aim to promote trade between specific countries by reducing or eliminating customs duties on goods classified under HS Code 85411000.
For those importing goods classified under HS Code 85411000 to the United States, the following states are commonly involved:
These states are actively involved in the importation of diodes classified under HS Code 85411000 into the United States.
On the other hand, the following states are commonly involved in exporting goods classified under HS Code 85411000 from the United States:
These states actively participate in exporting diodes classified under HS Code 85411000 from the United States to other countries.
HS Code 85411000 is used for diodes, other than photosensitive or light-emitting diodes. It is essential to understand the product description, duty rates, special tariff preference programs, and the involvement of specific states when dealing with goods classified under this HS code. This knowledge enables smooth trade operations and ensures compliance with international trade regulations.