Electric luminescent lamps, classified under HS Code 85437070, are a type of lighting device that use electric current to produce visible light through the process of electroluminescence. These lamps are commonly used in various applications such as residential, commercial, and industrial lighting.
The HS Code 85437070 is used to identify and classify these electric luminescent lamps for international trade purposes. It provides a standardized system for countries to categorize and track the import and export of goods. This code helps ensure consistency and transparency in global trade, facilitating the smooth flow of goods across borders.
When importing electric luminescent lamps into the United States, certain states have been identified as major importers. These states include New Mexico, North Carolina, Oklahoma, South Dakota, Arizona, Arkansas, Minnesota, Oregon, Rhode Island, Alabama, Illinois, Kentucky, Michigan, Missouri, Ohio, South Carolina, Tennessee, and Texas.
On the other hand, the major exporting states for electric luminescent lamps from the United States include North Carolina, Oklahoma, Arizona, New Mexico, Puerto Rico, North Dakota, and the District of Columbia.
It is important to note that the HS Code 85437070 is subject to a bound or most-favored nation (MFN) duty rate of 2%. This means that whenever 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. However, there are special tariff preference programs in place that allow for duty-free treatment for electric luminescent lamps. These programs include the Generalized System of Preferences (GSP), Australia Special Rate, Bahrain Special Rate, NAFTA for Canada, Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), Peru Special Rate, and Singapore Special Rate.
The free trade agreements and special tariff programs mentioned above are designed to encourage trade and economic cooperation between countries by providing preferential treatment to certain goods. This can help reduce costs for importers and exporters and promote international trade relationships.
electric luminescent lamps classified under HS Code 85437070 are an essential lighting solution used in various industries. The HS Code facilitates the international trade of these lamps by providing a standardized system for identification and classification. Importing and exporting states in the United States have been identified, and there are special tariff preference programs in place to promote duty-free treatment for these lamps. Understanding the HS Code and its associated information is crucial for businesses involved in the import and export of electric luminescent lamps.