The HS Code 89019000 refers to vessels that are designed for the transport of goods or for the transport of both persons and goods, not elsewhere specified or included. This code is part of the Harmonized System (HS) which is an internationally standardized system for classifying traded products.
These vessels can vary in size, shape, and purpose. They can be used for commercial purposes such as transporting goods or for passenger transportation. The code encompasses a wide range of vessels that do not fall under any specific category.
When it comes to trade, the HS Code 89019000 plays a crucial role in determining the import and export duties, as well as any special tariff preference programs that may apply. Let's take a closer look at the details:
The bound or Most Favored Nation (MFN) duty rate for HS Code 89019000 is free. This means that there are no import duties imposed on this particular product. It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market. It must do so for the same goods or services from all its trading partners.
The quantity unit for HS Code 89019000 is measured in numbers (NO). This means that the unit of measurement for this code is counted in individual vessels.
HS Code 89019000 is eligible for several special tariff preference programs. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty treatment for importing or exporting goods. The countries that currently enjoy these benefits for HS Code 89019000 are:
When it comes to the import and export of vessels under HS Code 89019000, the following US states are involved:
These states are either importing or exporting vessels under this HS Code, indicating the importance of maritime trade in these regions.
HS Code 89019000 represents vessels designed for the transport of goods or for the transport of both persons and goods, not elsewhere specified or included. This code is crucial in determining import and export duties, as well as any special tariff preference programs that may apply. Understanding the details of this HS Code is essential for businesses involved in the maritime trade and import/export industry.