Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 87042100: Vehicles for Transporting Goods

The HS Code 87042100 refers to motor vehicles designed for the transportation of goods. These vehicles are equipped with a compress-ignition internal combustion reciprocating piston engine and have a gross vehicle weight (G.V.W.) not exceeding 5 metric tons. This HS code is used to classify and identify these specific types of vehicles for trade and regulatory purposes.

When importing goods classified under HS Code 87042100, it is essential to understand the associated duties and tariff rates. The bound or most-favored-nation (MFN) duty rate for this category is 25%. The MFN duty rate signifies that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate for the same goods or services from all its trading partners.

The quantity unit for goods classified under HS Code 87042100 is a number (NO) which indicates the count of individual vehicles being imported or exported.

There are several special tariff preference programs applicable to goods classified under HS Code 87042100. These programs offer reduced or duty-free treatment for eligible imports. The specific programs and their respective rates are as follows:

• Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under this subheading receive duty-free treatment. This program aims to promote economic growth in these countries.
• Australia Special Rate: Automotive Products Trade Act (APTA) grants duty-free treatment for imports from Australia.
• Bahrain Special Rate: Imports from Bahrain receive duty-free treatment.
• NAFTA for Canada: Imports from Canada under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
• Chile Special Rate: Imports from Chile receive duty-free treatment.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible African countries receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Imports from eligible Caribbean countries receive duty-free treatment.
• Israel Special Rate: Imports from Israel receive duty-free treatment.
• Andean Trade Preference Act (ATPA): Imports from eligible Andean countries receive duty-free treatment.
• Jordan Special Rate: Imports from Jordan receive duty-free treatment.
• Morocco Special Rate: Imports from Morocco receive duty-free treatment.
• NAFTA for Mexico: Imports from Mexico under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
• Oman Special Rate: Imports from Oman receive duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible DR-CAFTA countries receive duty-free treatment.
• Peru Special Rate: Imports from Peru receive duty-free treatment.
• Singapore Special Rate: Imports from Singapore receive a 7.5% tariff rate.

When it comes to importing goods classified under HS Code 87042100 into the United States, several states are major importers. These states include California, Michigan, Montana, Utah, Iowa, Maryland, and South Dakota. These states have a significant demand for motor vehicles designed for the transportation of goods.

On the other hand, the top exporting states for goods classified under HS Code 87042100 are the District of Columbia, Iowa, Minnesota, South Dakota, Kentucky, Delaware, Indiana, Michigan, Mississippi, Missouri, and Oregon. These states contribute to the export of these vehicles to various international markets.

Understanding the HS Code 87042100 is crucial for importers, exporters, and regulatory authorities involved in the trade of motor vehicles for the transportation of goods. Proper classification and adherence to the associated duties and tariff rates are essential for smooth international trade and compliance with trade regulations.