The HS Code 86061000 refers to railway or tramway tank cars and similar vehicles that are not self-propelled. This code is used to classify these types of tank cars for international trade purposes. In this article, we will explore the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states related to this HS code.
Railway or tramway tank cars and the like, not self-propelled, fall under HS Code 86061000. These vehicles are designed to transport liquids or gases, such as petroleum products, chemicals, or liquefied gases, through railways or tramways. They are typically used in industries such as oil and gas, chemicals, and transportation.
The bound or most favored nation (MFN) duty rate for HS Code 86061000 is 14%. This means that every time 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 duty rate applies to the importation of railway or tramway tank cars and similar vehicles that fall under this HS code.
The quantity unit for HS Code 86061000 is the number (NO). This unit indicates that the measurement for this product is counted by the number of tank cars or similar vehicles imported or exported.
Several special tariff preference programs are available for HS Code 86061000. These programs offer reduced or duty-free rates for specific countries. The following is a list of the programs and the corresponding rates:
These special tariff preference programs provide trade benefits to the countries mentioned, either through duty-free treatment or reduced duty rates. Importers and exporters of railway or tramway tank cars and similar vehicles falling under HS Code 86061000 should take advantage of these programs if eligible.
HS Code 86061000 is relevant for the importing and exporting of railway or tramway tank cars and the like in the United States. While specific states may not be mentioned in the provided data, it is important to note that these tank cars can be imported or exported through various ports of entry across the country.
States with major transportation hubs such as California, Texas, New York, and Illinois are likely to have a significant presence in the import and export of railway or tramway tank cars. Additionally, states with a strong oil and gas industry, such as Texas, Louisiana, and Oklahoma, may also play a significant role in the trade of these vehicles.
It is crucial for importers and exporters to comply with the regulations and requirements of the respective states and federal agencies involved in the transportation and trade of railway or tramway tank cars falling under HS Code 86061000.
HS Code 86061000 encompasses railway or tramway tank cars and similar vehicles that are not self-propelled. This article provided a comprehensive overview of the product description, duty rates, quantity units, special tariff preference programs, and the potential involvement of US states in the import and export of these tank cars. Importers and exporters should utilize this information to ensure compliance and leverage any available trade benefits.