Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 87149430: Parts and Accessories for Bicycles and Motorcycles, Brakes (other than Hub Brakes) and Parts Thereof

The HS Code 87149430 refers to parts and accessories for bicycles and motorcycles, specifically brakes (other than hub brakes) and parts thereof. This code is used internationally to classify and categorize goods for customs and trade purposes. By using HS codes, countries can easily identify and track imported and exported products.

The product description for HS Code 87149430 includes various parts and accessories that are essential for the functioning of bicycles and motorcycles. These parts are specifically related to brakes, excluding hub brakes. Examples of such parts may include brake pads, brake levers, brake cables, brake calipers, brake discs, and other components necessary for effective braking systems on bicycles and motorcycles.

When it comes to trade barriers and market access, the bound/MFN (Most Favored Nation) duty rate for HS Code 87149430 is free. This means that whenever a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This promotes fair and equal trade practices among nations.

The quantity unit for HS Code 87149430 is not available (NA). This indicates that the unit of measurement for the quantity of imported or exported goods under this code is unspecified or not applicable.

There are also special tariff preference programs associated with HS Code 87149430. These programs provide certain countries or regions with preferential treatment in terms of duty rates. The following countries and programs offer preferential treatment for imports under this HS code:

• A+: Only imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment.
• AU: Australia Special Rate (duty-free treatment)
• BH: Bahrain Special Rate (duty-free treatment)
• CA: NAFTA (North American Free Trade Agreement) for Canada (duty-free treatment)
• CL: Chile Special Rate (duty-free treatment)
• D: Africa Growth and Opportunity Act (AGOA) (duty-free treatment)
• E: Caribbean Basin Initiative (CBI) (duty-free treatment)
• IL: Israel Special Rate (duty-free treatment)
• J: Andean Trade Preference Act (ATPA) (duty-free treatment)
• JO: Jordan Special Rate (duty-free treatment)
• MA: Morocco Special Rate (duty-free treatment)
• MX: NAFTA for Mexico (duty-free treatment)
• OM: Oman Special Rate (duty-free treatment)
• P: Dominican Republic-Central American Special Rate (DR-CAFTA) (duty-free treatment)
• PE: Peru Special Rate (1.2% duty rate)
• SG: Singapore Special Rate (1.2% duty rate)

These special tariff preference programs aim to promote trade and economic development by providing preferential treatment to specific countries or regions that meet certain criteria or have established trade agreements with the importing country.

Overall, HS Code 87149430 plays a vital role in classifying and regulating the import and export of parts and accessories for bicycles and motorcycles, particularly brakes and their components. Understanding the HS code system and its associated tariff preferences is essential for businesses and individuals involved in international trade.