The HS Code 87089520 refers to parts and accessories of motor vehicles that are not classified under any other specific category. These parts specifically include safety airbags with inflater systems. In this article, we will explore the details of this HS code, its description, duty rates, special tariff preference programs, and the states involved in importing and exporting this product.
The product description for the HS Code 87089520 includes parts and accessories of motor vehicles that cannot be classified under any other specific category. These parts specifically pertain to safety airbags with inflater systems. Safety airbags are an essential component of modern vehicles, providing protection to passengers in the event of a collision. Inflater systems ensure the rapid deployment of airbags when necessary.
The bound / MFN (Most Favored Nation) duty rate for the HS Code 87089520 is 2.5%. The MFN duty rate is the rate applied when a country lowers a trade barrier or opens up a market. It implies that every time a country reduces trade restrictions or opens its market, it must do so for the same goods or services from all its trading partners. This duty rate is applicable to all countries when importing parts and accessories of motor vehicles with safety airbags and inflater systems.
The quantity unit for the HS Code 87089520 is "number" (NO). This unit indicates that the quantity of the product is measured in individual units.
The HS Code 87089520 is eligible for various special tariff preference programs. These programs offer preferential treatment in terms of duty rates. The following programs provide duty-free treatment or special rates for importing countries:
These special tariff preference programs enable importing countries to enjoy duty-free treatment or reduced rates when importing parts and accessories of motor vehicles with safety airbags and inflater systems.
The following US states are involved in the importation of products classified under the HS Code 87089520:
These states are actively involved in importing parts and accessories of motor vehicles with safety airbags and inflater systems.
The following US states are involved in the exportation of products classified under the HS Code 87089520:
These states are actively involved in exporting parts and accessories of motor vehicles with safety airbags and inflater systems.
the HS Code 87089520 covers parts and accessories of motor vehicles, not elsewhere specified, with safety airbags and inflater systems. This code is important for trade and customs purposes, ensuring proper classification and regulation of these products. The duty rate, special tariff preference programs, and the involvement of specific US states in importing and exporting highlight the significance of this HS code in international trade.