Insulated electric conductors are a crucial component in electrical systems and are used to transmit electricity from one point to another. The HS code 85446060 specifically refers to insulated electric conductors not made of copper and designed for a voltage exceeding 1,000 V. These conductors are not fitted with connectors.
When importing or exporting products, the HS code plays an important role in the classification and identification of goods. It is used by customs authorities to determine the applicable duties, taxes, and regulations for a specific product. Understanding the HS code is essential for both traders and government agencies involved in international trade.
The HS code 85446060 falls under the category of electrical machinery and equipment and is specifically related to insulated electric conductors. The code provides a standardized classification for these products, allowing for easy identification and efficient customs procedures.
The product description for HS code 85446060 is "Insulated electric conductors nesi, not of copper, for a voltage exceeding 1,000 V, not fitted with connectors." This means that the conductors are made of materials other than copper and are designed to carry electrical currents at voltages higher than 1,000 V. Additionally, these conductors do not come with pre-fitted connectors, making them versatile for various electrical applications.
The bound / MFN duty rate for HS code 85446060 is 3.2%. The MFN (Most Favored Nation) duty rate is the baseline rate applied to imports from all trading partners. It represents the minimum duty rate that a country can apply to a specific product. However, countries may have different preferential tariff rates for certain trading partners under special tariff preference programs.
It is important to note that whenever a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This principle, known as the Most Favored Nation principle, ensures fair and non-discriminatory trade practices among countries.
The quantity unit for the HS code 85446060 is kilograms (KG). This unit is used to measure the weight of the insulated electric conductors. It provides a standardized metric for determining the quantity of goods being imported or exported.
HS code 85446060 is eligible for several special tariff preference programs, which offer reduced or duty-free treatment for importing countries. These programs aim to promote trade, economic development, and cooperation among participating nations. The following special tariff preference programs apply to the specified HS code:
These special tariff preference programs provide benefits to both importing and exporting countries, fostering trade relations and promoting economic growth.
The HS code 85446060 is imported into the following US states:
These states have a demand for insulated electric conductors not made of copper and designed for voltages exceeding 1,000 V. The importation of these products contributes to electrical infrastructure development and supports various industries requiring high-voltage electrical transmission.
The HS code 85446060 is exported from the following US states:
These states have a production capacity for insulated electric conductors meeting the specifications outlined in HS code 85446060. Exporting these products enables economic growth, job creation, and further integration into global supply chains.
HS code 85446060 represents insulated electric conductors not made of copper, designed for voltages exceeding 1,000 V, and without pre-fitted connectors. Understanding the HS code, its product description, duty rates, special tariff preference programs, and the importing and exporting states is essential for traders, government agencies, and stakeholders involved in international trade.