In international trade, products are classified using a system of codes known as Harmonized System (HS) codes. These codes help in the identification and categorization of goods for customs and statistical purposes. One such HS code is 90291080, which pertains to revolution counters, production counters, odometers, pedometers, and similar devices, excluding taximeters.
Revolution counters and production counters play an essential role in various industries, providing accurate measurement and monitoring of revolutions, production output, distance traveled, and steps taken. These devices are widely used in manufacturing, logistics, transportation, and sports industries.
When it comes to international trade, understanding the duty rates and tariff preference programs associated with HS code 90291080 is crucial. The bound or Most Favored Nation (MFN) duty rate for this HS code is free. This means that every time a country lowers a trade barrier or opens up its market, it must provide the same duty-free treatment for imports of revolution counters and similar devices from all its trading partners.
The quantity unit for HS code 90291080 is the number (NO), indicating that these products are typically measured and traded based on the number of units.
Special tariff preference programs can further impact the import and export of products classified under HS code 90291080. The following countries or regions offer special rates or duty-free treatment for imports of revolution counters:
Considering the importing and exporting states within the United States, the following states are involved:
Importing US states:
Exporting US states:
HS code 90291080 encompasses a range of devices used for measuring revolutions, production output, distance, and steps. Understanding the duty rates and special tariff preference programs associated with this HS code is essential for businesses involved in the import and export of these devices. The harmonization of trade barriers and the availability of duty-free treatment under various programs contribute to the facilitation of international trade in revolution counters and production counters.