HS Code 86080000 refers to railway or tramway track fixtures and fittings, as well as mechanical signaling, safety, or traffic control equipment of all kinds not elsewhere specified. It also includes parts of these equipment. This HS code is used to classify and regulate the import and export of these products.
The product description for HS Code 86080000 covers a wide range of items related to railway and tramway systems. It includes fixtures and fittings used for the construction, maintenance, and operation of railway or tramway tracks. These can include rails, sleepers, switches, crossings, and other components necessary for the functioning of a railway or tramway system.
Additionally, this HS code covers mechanical signaling, safety, and traffic control equipment used in railway and tramway systems. This can include signals, lights, barriers, interlocks, and other devices designed to ensure safe and efficient operation of trains and trams.
Lastly, the HS code includes parts and accessories for the aforementioned fixtures, fittings, and equipment. These parts can range from small components to larger structures that are integral to the overall system.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 86080000 is 3.8%. This means that when a country lowers trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners.
It is important to note that duty rates can vary depending on the specific country and trade agreements in place. In the case of HS Code 86080000, there are several special tariff preference programs that offer duty-free treatment for certain countries. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties for certain products.
Based on the data provided, the following US states have reported the import of products classified under HS Code 86080000:
These states have reported imports of railway or tramway track fixtures and fittings, mechanical signaling, safety or traffic control equipment, and their parts.
The following US states have reported the export of products classified under HS Code 86080000:
These states have reported exports of railway or tramway track fixtures and fittings, mechanical signaling, safety or traffic control equipment, and their parts.
HS Code 86080000 encompasses a variety of products related to railway and tramway systems. It includes fixtures, fittings, signaling equipment, safety devices, and parts necessary for the construction, maintenance, and operation of these systems. The duty rates for this HS code can vary, but certain countries may benefit from duty-free treatment under special tariff preference programs. The import and export of products classified under this HS code are reported by various US states, indicating the widespread use and demand for these railway and tramway-related products.