HS Code 85444990: Insulated Electric Conductors Not of Copper
Insulated electric conductors play a crucial role in electrical systems, ensuring the safe and efficient transmission of electricity. HS Code 85444990 specifically refers to insulated electric conductors not made of copper, designed for a voltage not exceeding 1,000 V, and not fitted with connectors. In this article, we will delve into the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the states involved in importing and exporting.
Product Description:
The product description of HS Code 85444990 encompasses insulated electric conductors that are not made of copper. These conductors are specifically designed for use in electrical systems where the voltage does not exceed 1,000 V. Furthermore, these conductors are not fitted with connectors, indicating that they are intended to be connected to other electrical components or devices.
Bound / MFN Duty Rate:
The bound / MFN (Most Favored Nation) duty rate for HS Code 85444990 is 3.9%. This 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 are subject to the same duty rate. This helps promote fair and equal trade practices among nations.
Quantity Unit:
The quantity unit for HS Code 85444990 is kilograms (KG). This unit of measurement is commonly used to determine the weight of the insulated electric conductors being imported or exported. It provides a standardized metric for calculating quantities, facilitating international trade transactions.
Special Tariff Preference Programs:
There are several special tariff preference programs associated with HS Code 85444990. These programs offer certain countries preferential treatment in terms of duty rates. The following programs provide duty-free treatment for the specified countries:
- Generalized System of Preferences (GSP): This program grants duty-free treatment to eligible countries that are part of the GSP scheme.
- Australia Special Rate: Australia benefits from a special rate under the Automotive Products Trade Act (APTA), resulting in duty-free treatment for insulated electric conductors.
- Bahrain Special Rate: Bahrain enjoys a special rate for insulated electric conductors, allowing for duty-free treatment.
- NAFTA for Canada: As part of the North American Free Trade Agreement (NAFTA), Canada receives duty-free treatment for these conductors.
- Chile Special Rate: Chile benefits from a special rate, ensuring duty-free treatment for insulated electric conductors.
- Caribbean Basin Initiative (CBI): This program provides duty-free treatment for eligible countries within the Caribbean Basin.
- Israel Special Rate: Israel enjoys duty-free treatment for insulated electric conductors.
- Andean Trade Preference Act (ATPA): Countries in the Andean region benefit from duty-free treatment under this program.
- Jordan Special Rate: Jordan receives a special rate, resulting in duty-free treatment for these conductors.
- Morocco Special Rate: Morocco enjoys a special rate, ensuring duty-free treatment for insulated electric conductors.
- NAFTA for Mexico: Similar to Canada, Mexico benefits from duty-free treatment under NAFTA for these conductors.
- Oman Special Rate: Oman receives a special rate, resulting in duty-free treatment for insulated electric conductors.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Countries within the DR-CAFTA region enjoy duty-free treatment under this program.
- Peru Special Rate: Peru benefits from a special rate, ensuring duty-free treatment for insulated electric conductors.
- Singapore Special Rate: Singapore enjoys a special rate, resulting in duty-free treatment for these conductors.
Importing US States:
When it comes to importing HS Code 85444990, the following US states are involved:
- New Mexico
- North Carolina
- Oklahoma
- South Dakota
- Arizona
Exporting US States:
On the other hand, the following US states are involved in exporting insulated electric conductors not made of copper:
- North Carolina
- Oklahoma
- Arizona
HS Code 85444990 encompasses insulated electric conductors not made of copper, designed for a voltage not exceeding 1,000 V, and not fitted with connectors. It is essential for importers, exporters, and policymakers to understand the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the states involved in importing and exporting. This knowledge helps facilitate international trade and ensures compliance with relevant regulations and trade agreements.
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