HS Code 90129000: Parts and Accessories for Microscopes
Microscopes play a crucial role in various scientific fields, allowing researchers and scientists to observe and study microscopic structures and organisms. To ensure their optimal functioning, microscopes require various parts and accessories. HS Code 90129000 specifically encompasses the classification of these parts and accessories, excluding those designed for optical microscopes and diffraction apparatus.
The HS Code system, also known as the Harmonized System, is an internationally recognized classification system for traded goods. It provides a standardized way of identifying and categorizing products, facilitating international trade and customs procedures. HS Code 90129000 classifies parts and accessories for microscopes other than optical microscopes and diffraction apparatus.
When importing products classified under HS Code 90129000, it is essential to be aware of the associated tariff rates. The bound or most-favored-nation (MFN) duty rate for these products is 4.9%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to the same goods or services from all its trading partners.
In certain cases, special tariff preference programs may apply to products classified under HS Code 90129000. These programs aim to promote trade and economic development by granting preferential treatment to specific countries. For this HS Code, the following special tariff preference programs apply:
1. Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products imported from designated beneficiary countries.
2. Australia Special Rate: Australia benefits from a special rate for products classified under HS Code 90129000.
3. Bahrain Special Rate: Bahrain also enjoys a special rate for these products.
4. NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), Canada receives duty-free treatment for imports of parts and accessories for microscopes.
5. Chile Special Rate: Chile has a special rate for products classified under this HS Code.
6. Caribbean Basin Initiative (CBI): The CBI grants duty-free treatment to eligible products from designated Caribbean countries.
7. Israel Special Rate: Israel benefits from duty-free treatment for imports of these products.
8. Andean Trade Preference Act (ATPA): The ATPA provides preferential treatment for eligible products imported from designated Andean countries.
9. Jordan Special Rate: Jordan enjoys a special rate for products classified under HS Code 90129000.
10. Morocco Special Rate: Morocco also benefits from a special rate for these products.
11. NAFTA for Mexico: Similar to Canada, Mexico receives duty-free treatment for imports of parts and accessories for microscopes under NAFTA.
12. Oman Special Rate: Oman has a special rate for products classified under this HS Code.
13. Dominican Republic-Central American Special Rate (DR-CAFTA): The DR-CAFTA grants preferential treatment to eligible products from designated Central American countries.
14. Peru Special Rate: Peru benefits from a special rate for imports of these products.
15. Singapore Special Rate: Singapore enjoys a special rate for products classified under HS Code 90129000.
Considering the importing US states, New Hampshire and New Mexico have collected no units of products classified under HS Code 90129000. On the other hand, Oregon has not been specified in the data. It is important to note that this information may vary over time as trade patterns and regulations evolve.
In terms of exporting US states, Massachusetts and Connecticut have exported products classified under HS Code 90129000. However, the quantity of units exported is not specified in the provided data.
HS Code 90129000 classifies parts and accessories for microscopes other than optical microscopes and diffraction apparatus. Understanding the associated tariff rates and special tariff preference programs is crucial for importers and exporters of these products. The Harmonized System plays a vital role in facilitating international trade and ensuring consistency in customs procedures.
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