The HS Code 87089475 refers to parts and accessories of motor vehicles that are not classified under any other specific HS codes. These parts can include various components related to steering wheels, columns, and boxes of motor vehicles falling under HS codes 8701, and 8702-8705.
Importing or exporting goods under HS Code 87089475 requires a thorough understanding of the applicable duty rates, special tariff preference programs, and the specific regions involved in trade. Let's explore these aspects in detail:
The product description for HS Code 87089475 is "Pts. & access., nesoi, of motor vehicles of 8701, nesoi, and 8702-8705, parts of steering wheels/columns/boxes, nesoi." This means that it encompasses various parts and accessories that are not specifically classified under other HS codes related to motor vehicles.
The bound / MFN (Most Favored Nation) duty rate for HS Code 87089475 is 2.5%. This rate applies to all countries and is levied whenever a country lowers a trade barrier or opens up a market. The purpose is to ensure that the same goods or services receive equal treatment from all trading partners.
The quantity unit for HS Code 87089475 is "number (NO)." This unit indicates that the quantity of parts and accessories imported or exported under this HS code is measured in numbers or units.
Importing goods under HS Code 87089475 can benefit from various special tariff preference programs. These programs offer preferential treatment in terms of duty rates. The following programs are applicable:
These special tariff preference programs aim to promote trade and strengthen economic ties between the countries involved.
HS Code 87089475 has been imported into the following US states:
These states have engaged in the importation of parts and accessories falling under HS Code 87089475.
HS Code 87089475 has been exported from the following US states:
These states have participated in the exportation of parts and accessories falling under HS Code 87089475.
HS Code 87089475 encompasses various parts and accessories of motor vehicles that are not classified under other specific HS codes. Importers and exporters should be aware of the applicable duty rates, special tariff preference programs, and the regions involved in trade to ensure compliance and take advantage of any available benefits.