Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 87149610: Pts. & access. for bicycles & o/cycles, pedals and parts thereof

When it comes to international trade, tariffs and duty rates play a significant role in determining the cost of imported goods. One such HS code that falls under this category is 87149610, which refers to parts and accessories for bicycles and motorcycles, including pedals and their respective components.

The bound or most favored nation (MFN) duty rate for HS Code 87149610 is 8%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This rate applies to the import of these products regardless of the country of origin.

The quantity unit used for HS Code 87149610 is kilograms (KG), indicating that the duty rate is calculated based on the weight of the imported goods. This unit of measurement helps customs authorities determine the appropriate amount of duty to be paid for each shipment.

There are also special tariff preference programs available for imports under HS Code 87149610. These programs provide certain countries with preferential treatment, often in the form of duty-free or reduced-duty rates. The following countries or regions have special tariff preferences for this HS code:

• A+ (Least Developed Beneficiary Developing Countries): Imports from least-developed beneficiary developing countries are eligible for GSP (Generalized System of Preferences) under this subheading, which means they receive duty-free treatment.
• Australia: Special rate applies.
• Bahrain: Special rate applies.
• Canada (NAFTA): Duty-free treatment.
• Chile: Special rate applies.
• Africa Growth and Opportunity Act (AGOA): Duty-free treatment.
• Caribbean Basin Initiative (CBI): Duty-free treatment.
• Israel: Special rate applies.
• Andean Trade Preference Act (ATPA): Duty-free treatment.
• Jordan: Special rate applies.
• Morocco: Special rate applies.
• Mexico (NAFTA): Duty-free treatment.
• Oman: Special rate applies.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Special rate applies.
• Peru: Special rate applies.
• Singapore: Special rate applies.

These special tariff preference programs aim to promote economic cooperation and development between countries by facilitating trade and reducing the cost of imports for eligible nations.

When it comes to importing goods under HS Code 87149610, it is important to consider the regulations and requirements of both the exporting and importing US states. Each state may have its own specific rules and regulations regarding the importation of these goods. It is essential to comply with these regulations to ensure a smooth and legal import process.

HS Code 87149610 covers parts and accessories for bicycles and motorcycles, including pedals and their components. The bound or MFN duty rate for this HS code is 8%, and the quantity unit is kilograms (KG). Several special tariff preference programs exist for this code, offering duty-free or reduced-duty treatment for eligible countries. Importers should also be aware of any state-specific regulations when importing these products into the United States.