The HS Code 87089270 refers to the classification of parts and accessories of motor vehicles. These parts are categorized under the Harmonized System (HS) codes 8701, 8702, 8703, 8704, and 8705. The specific products covered by this HS code are parts of mufflers made of cast iron, not elsewhere specified.
When it comes to international trade, the HS code plays a crucial role in identifying and classifying products. It is a standardized system that is used by customs authorities worldwide to facilitate the movement of goods across borders. The HS code ensures uniformity in trade documentation and helps in determining the appropriate import and export duties.
The product description for HS Code 87089270 is "Pts. & access. of motor vehicles of 8701, nesoi, and 8702-8705, parts of mufflers, of cast iron nesoi". This description provides a general overview of the products covered under this HS code.
The bound / MFN (Most Favored Nation) duty rate for HS Code 87089270 is free. This means that countries are not required to impose any import duties on these products. The principle of MFN states that if 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 quantity unit for HS Code 87089270 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported goods.
Under certain tariff preference programs, products classified under HS Code 87089270 may be eligible for duty-free treatment. The following countries and programs offer special tariff rates:
If you are importing products classified under HS Code 87089270 to the United States, the following states are the top importers:
If you are exporting products classified under HS Code 87089270 from the United States, the following states are the top exporters:
Understanding the HS code and the specific details associated with it is essential for importers and exporters. It helps in ensuring compliance with customs regulations, determining the applicable duty rates, and taking advantage of any preferential trade programs. By knowing the HS code for your product, you can navigate the complexities of international trade more effectively.