The HS Code 87089470 refers to parts and accessories of motor vehicles that are not classified under other HS codes, as well as parts of steering wheels, columns, and boxes made of cast iron. This code is used to identify and classify these specific products during international trade.
When importing goods with HS Code 87089470, it is important to be aware of the bound/MFN duty rate. The bound duty rate represents the maximum amount of duty that can be imposed on a particular product, while the MFN (Most Favored Nation) duty rate refers to the rate applied to most goods coming from most countries. In this case, the MFN duty rate is free, meaning that no duty is imposed on these goods.
Additionally, there are special tariff preference programs available for products classified under HS Code 87089470. These programs provide duty-free treatment for goods imported from specific countries. The countries eligible for these special rates include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic, Peru, and Singapore.
Regarding quantity units, the measurement used for products under HS Code 87089470 is kilograms (KG). This unit is used to determine the weight of the imported or exported goods.
When it comes to importing goods with HS Code 87089470, there are specific US states that are listed as major importers. These states include Utah, Alabama, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Mississippi, Missouri, North Carolina, Ohio, South Carolina, South Dakota, Tennessee, and West Virginia. These states have a significant demand for products classified under this HS Code.
On the other hand, there are also US states that are listed as major exporters of products classified under HS Code 87089470. These states include Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Ohio, Rhode Island, South Carolina, Tennessee, Virginia, and Wisconsin. These states have a strong presence in exporting goods under this HS Code.
HS Code 87089470 represents parts and accessories of motor vehicles, as well as parts of steering wheels, columns, and boxes made of cast iron. This code is used to classify these products during international trade and comes with specific duty rates and tariff preference programs. It is important for importers and exporters to be familiar with these details when dealing with goods under this HS Code.