The HS Code 87083050 refers to parts and accessories of motor vehicles, specifically brakes and servo-brakes, and parts thereof. This code is used for international trade purposes to classify and categorize different products for import and export.
The product description for HS Code 87083050 includes parts and accessories of motor vehicles of HS Codes 8701, not elsewhere specified, and 8702-8705. It specifically refers to brakes and servo-brakes, as well as their respective parts. Brakes are an essential component of motor vehicles, providing the necessary stopping power and ensuring the safety of the vehicle and its occupants.
The bound / MFN duty rate for HS Code 87083050 is 2.5%. The MFN (Most Favored Nation) duty rate is the rate applied to imports from all trading partners. It signifies 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 this HS Code for imported products.
The quantity unit for HS Code 87083050 is the number (NO). This unit indicates that the quantity of the product is measured in numbers or individual pieces.
There are several special tariff preference programs applicable to HS Code 87083050:
These special tariff preference programs provide certain countries or regions with specific rates or exemptions for importing products under HS Code 87083050. The programs aim to promote trade and economic cooperation between countries.
The following US states are involved in importing products under HS Code 87083050:
These states have a demand for parts and accessories of motor vehicles, including brakes and servo-brakes. The importation of these products helps in maintaining and repairing motor vehicles, ensuring their proper functioning and safety.
The following US states are involved in exporting products under HS Code 87083050:
These states have a manufacturing and exporting capacity for parts and accessories of motor vehicles, including brakes and servo-brakes. They contribute to the global supply chain of automotive products and cater to the demands of international markets.
HS Code 87083050 covers parts and accessories of motor vehicles, specifically brakes and servo-brakes. It has a bound / MFN duty rate of 2.5% and is measured in numbers (NO). Various special tariff preference programs provide specific rates or exemptions for importing products under this code. Several US states are involved in both importing and exporting products classified under HS Code 87083050.