The HS Code 88024000 refers to airplanes and other powered aircraft with an unladen weight over 15,000 kg. This code is used to classify and identify these types of aircraft for international trade purposes. In this article, we will discuss the product description, tariff rates, special tariff preference programs, as well as importing and exporting US states related to HS Code 88024000.
Airplanes and other powered aircraft falling under HS Code 88024000 are those that have an unladen weight exceeding 15,000 kg. This category includes a wide range of commercial and military aircraft, such as passenger planes, cargo planes, and military transport aircraft.
The bound or most-favored-nation (MFN) duty rate for HS Code 88024000 is free. This means that countries must apply no import duties or taxes on these aircraft when trading with other countries. The principle of MFN ensures that any trade barrier or market opening must be applied equally to all trading partners.
The quantity unit for HS Code 88024000 is number (NO), indicating that the quantity of aircraft is measured in units.
There are several special tariff preference programs applicable to HS Code 88024000. These programs provide specific benefits and duty-free treatment for certain trading partners. The following countries and regions enjoy special rates under these programs:
HS Code 88024000 is relevant to certain US states for importing these aircraft. The following US states are involved in the importation of airplanes and other powered aircraft:
HS Code 88024000 is also relevant to certain US states for exporting these aircraft. The following US states are involved in the exportation of airplanes and other powered aircraft:
HS Code 88024000 identifies and classifies airplanes and other powered aircraft with an unladen weight over 15,000 kg. It is important for international trade purposes, allowing countries to apply appropriate tariffs and preferences. Understanding this code helps facilitate the import and export of these aircraft among trading partners.