The HS Code 87099000 refers to parts of self-propelled works trucks and tractors that are specifically used on railway station platforms. These parts are not fitted with lift equipment.
When it comes to international trade, countries often use Harmonized System (HS) codes to classify goods for customs purposes. These codes are used globally and help standardize the classification of products.
Under this HS code, the product description specifies that it includes parts for self-propelled works trucks and tractors used on railway station platforms. These parts are specifically not fitted with lift equipment.
It is important to note that the HS code is mentioned several times in this article to emphasize the specific product category being discussed.
The bound / MFN duty rate for products classified under HS Code 87099000 is free. This means that countries applying this code do not impose any import duties on these products. The concept of bound duty rate refers to the maximum tariff rate that a country can impose on a particular good. The Most Favored Nation (MFN) principle ensures that countries treat all their trading partners equally in terms of trade barriers and market access.
When a country lowers a trade barrier or opens up its market, it is obligated to extend the same treatment to all its trading partners for the same goods or services. This principle helps promote fair and non-discriminatory trade practices.
When it comes to measuring the quantity of products classified under HS Code 87099000, the standard unit is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of goods being imported or exported.
Products classified under HS Code 87099000 may be eligible for special tariff preference programs. These programs provide certain countries or regions with preferential treatment in terms of duty rates. Here are some of the special tariff preference programs that apply to products under this HS code:
These special tariff preference programs aim to promote economic development and facilitate trade between specific countries or regions.
When it comes to importing products classified under HS Code 87099000, the state of Utah in the United States is mentioned. However, there is no specific information provided about the exporting US states for these products.
It is important for businesses and traders to be aware of the applicable HS codes for their products, as it helps ensure accurate classification and compliance with customs regulations. Understanding the HS code also enables businesses to take advantage of any special tariff preference programs that may apply to their products.
HS Code 87099000 refers to parts of self-propelled works trucks and tractors used on railway station platforms. These parts are not fitted with lift equipment. The bound / MFN duty rate for these products is free, and they are measured in kilograms (KG). Special tariff preference programs may apply, providing certain countries or regions with preferential treatment. Importing of these products is mentioned for the state of Utah in the United States. It is important to stay informed about the relevant HS codes and any applicable trade programs to ensure smooth international trade operations.