The HS Code 87039000 refers to motor cars and other motor vehicles designed for the transport of persons, excluding those with spark ignition or compression ignition reciprocating piston engines. This code is used to classify and identify these specific types of vehicles for import and export purposes. In this article, we will explore the product description, duty rates, special tariff preference programs, and the importing and exporting US states for HS Code 87039000.
HS Code 87039000 covers motor cars and other motor vehicles designed for the transport of persons. It specifically excludes vehicles with spark ignition or compression ignition reciprocating piston engines. This code is used to distinguish these vehicles from others in international trade.
For HS Code 87039000, the bound / most-favored-nation (MFN) duty rate is 2.5%. This means that every time 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 2.5% duty rate applies to imports and exports of motor vehicles for transport of persons under this HS code.
The quantity unit for HS Code 87039000 is the number (NO). This unit indicates that the quantity of motor vehicles for transport of persons is measured in numbers or units.
There are several special tariff preference programs associated with HS Code 87039000. These programs provide certain countries with preferential treatment in terms of duty rates. The following programs offer duty-free treatment for imports of motor vehicles for transport of persons:
These special tariff preference programs aim to promote trade and economic development by providing favorable conditions for certain countries.
The following US states are known to import motor vehicles for transport of persons under HS Code 87039000:
These states have a demand for motor vehicles for various purposes, including personal transportation and public transportation services.
While the data provided does not specify the exporting US states for motor vehicles under HS Code 87039000, it is safe to assume that the exporting states may vary depending on the manufacturing and production locations of these vehicles. The exporting states are likely to include major automotive manufacturing hubs such as:
These states are known for their significant contributions to the US automotive industry and are likely to export motor vehicles for transport of persons under various HS codes, including HS Code 87039000.
HS Code 87039000 encompasses motor cars and other motor vehicles designed for the transport of persons, excluding those with spark ignition or compression ignition reciprocating piston engines. This code plays a crucial role in international trade by classifying and identifying these vehicles for import and export purposes. The bound / MFN duty rate for this HS code is 2.5%, and there are various special tariff preference programs that offer duty-free treatment for imports of motor vehicles for transport of persons. Understanding the details of HS Code 87039000 is vital for businesses and individuals involved in the import and export of motor vehicles in order to comply with trade regulations and take advantage of any available tariff benefits.