HS Code 90258020: Hydrometers and Similar Floating Instruments
Hydrometers play a crucial role in various industries, providing accurate measurements of liquid density and specific gravity. This article focuses on HS Code 90258020, which encompasses hydrometers and similar floating instruments, whether or not incorporating a thermometer, non-recording, other than electrical.
HS Code 90258020 falls under the broader category of measuring or checking instruments. It is important to understand the details and implications of this code, especially for importers and exporters dealing with hydrometers. Let's explore the various aspects related to this HS Code.
Product Description: Hydrometers and similar floating instruments covered by HS Code 90258020 are designed to measure the density or specific gravity of liquids. These instruments may or may not include a thermometer and are non-recording in nature. It is worth noting that this code excludes electrical hydrometers.
Bound / MFN Duty Rate: The bound duty rate for HS Code 90258020 is 2.9%. This means that 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. Importers should consider this duty rate when calculating the overall cost of importing hydrometers.
Quantity Unit: The quantity unit for hydrometers covered by HS Code 90258020 is represented by the number (NO). This unit indicates that the measurement is counted in terms of the number of hydrometers.
Special Tariff Preference Programs: Several special tariff preference programs offer benefits to importers and exporters dealing with hydrometers under HS Code 90258020. These programs provide duty-free treatment for qualifying countries. The programs include:
- Generalized System of Preferences (GSP): This program grants duty-free treatment to eligible countries.
- Australia Special Rate
- Bahrain Special Rate
- Agreement on Trade in Civil Aircraft (duty-free treatment)
- NAFTA for Canada (duty-free treatment)
- Chile Special Rate
- Caribbean Basin Initiative (CBI)
- Israel Special Rate (duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
- Singapore Special Rate
It is essential for importers and exporters to be aware of these special tariff preference programs and take advantage of the duty-free treatment they offer, where applicable.
Importing US States: HS Code 90258020 is imported by various states in the United States. The states importing hydrometers under this code include the District of Columbia, West Virginia, and Massachusetts.
Exporting US States: On the other hand, the states exporting hydrometers under HS Code 90258020 are Delaware, South Carolina, West Virginia, Colorado, Minnesota, and Vermont. These states play a significant role in supplying hydrometers to international markets.
HS Code 90258020 provides a standardized classification for hydrometers and similar floating instruments. Understanding the product description, duty rates, special tariff preference programs, and the states involved in importing and exporting can help importers and exporters navigate the international trade of these instruments effectively.
More on HS code 90258020
