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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 87085031: Parts and Accessories of Tractors, Drive Axles with Differential (excluding Road Tractors or for Agricultural Use)

The HS Code 87085031 refers to parts and accessories of tractors, specifically drive axles with differential. This code is applicable to products that are not road tractors or intended for agricultural use. In this article, we will explore the details and implications of this HS code.

Product Description

The product description for HS Code 87085031 is "Parts and Accessories of Tractors, other than road tractors or for agricultural use, drive axles with differential (whether or not with other transmission components)." This code covers the specific category of drive axles with differential that are designed for tractors, excluding road tractors and those used for agricultural purposes.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for HS Code 87085031 is free. This means that countries are not required to impose any import duties or taxes on products falling under this code. It promotes free trade and equal treatment of goods or services from all trading partners.

Quantity Unit Number

The quantity unit number for HS Code 87085031 is "NO," which stands for number. This indicates that the quantity of products imported or exported under this code is measured in units.

Special Tariff Preference Programs

Under HS Code 87085031, several special tariff preference programs offer duty-free treatment for the import or export of these products. The countries eligible for these programs include:

• Australia (Generalized System of Preferences - GSP)
• Australia (Automotive Products Trade Act - APTA)
• Bahrain
• Canada (North American Free Trade Agreement - NAFTA)
• Chile
• Caribbean Basin Initiative (CBI)
• Israel
• Andean Trade Preference Act (ATPA)
• Jordan
• Morocco
• Mexico (NAFTA)
• Oman
• Dominican Republic-Central American (DR-CAFTA)
• Peru
• Singapore

These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. They provide benefits such as duty-free treatment for the import or export of products covered by HS Code 87085031.

Importing US States

The following US states are known for importing products classified under HS Code 87085031:

• Alabama
• Michigan
• Arkansas
• Mississippi
• Ohio
• South Carolina

These states have a significant demand for parts and accessories related to tractors, particularly drive axles with differential. The importation of these products contributes to the growth and development of the agricultural and industrial sectors in these states.

Exporting US States

On the other hand, the following US states are known for exporting products classified under HS Code 87085031:

• Michigan
• North Carolina

These states have a strong manufacturing industry and produce high-quality parts and accessories for tractors. The exportation of these products supports the economy of these states and helps meet the global demand for tractor-related equipment. HS Code 87085031 pertains to parts and accessories of tractors, specifically drive axles with differential. It excludes road tractors and those intended for agricultural use. This code enjoys a free bound or MFN duty rate and is eligible for special tariff preference programs in various countries. The importation and exportation of products falling under this code contribute to the growth and development of the agricultural and industrial sectors in different US states.

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