The HS Code 85437096 refers to "Other electrical machines and apparatus, having individual functions, not specified or included elsewhere in this chapter." This code is used to classify specific types of electrical machines and apparatus that have unique functions and are not covered under any other category in the chapter. Let's explore more about this HS code and its implications.
Under HS Code 85437096, various electrical machines and apparatus are included. These products have individual functions that are not specified or included in any other chapter of the HS Code. This code provides a specific classification for these unique electrical products, ensuring proper documentation and trade regulations.
The bound / MFN (Most Favored Nation) duty rate for HS Code 85437096 is 2.6%. 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. The duty rate ensures fair trade practices and equal treatment for all trading partners.
According to the available data, no units have been collected for HS Code 85437096. The quantity unit is denoted as "no units collected (X)." This information indicates that the data for the quantity of products traded under this HS code is not available or has not been recorded.
HS Code 85437096 is eligible for various special tariff preference programs. These programs provide specific benefits and exemptions on duty rates for importing countries. Some of the special tariff preference programs applicable to this HS code are as follows:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing duty-free treatment or special rates for importing products under the specified HS code.
Based on the available data, the following US states are involved in the import of products classified under HS Code 85437096:
These states are engaged in the importation of electrical machines and apparatus falling under HS Code 85437096. The import data provides insights into the geographic distribution of trade related to this specific HS code in the United States.
The following US states are involved in the export of products classified under HS Code 85437096:
These states are actively engaged in exporting electrical machines and apparatus under HS Code 85437096. The export data highlights the states that contribute to the overall trade of these products from the United States.
HS Code 85437096 is used to classify various electrical machines and apparatus that have unique functions not specified elsewhere. The code helps in proper documentation, trade regulations, and determining duty rates. It is important for importers, exporters, and policymakers to understand the implications of this HS code, including its duty rates and eligibility for special tariff preference programs.