When it comes to measuring and checking electrical voltage, current, resistance, or power, there is a specific HS code that classifies the instruments and apparatus used for such purposes. This code is HS Code 90303901. In this article, we will dive deeper into the description, duty rates, quantity units, and special tariff preference programs associated with this HS code.
The HS code 90303901 refers to instruments and apparatus that are not elsewhere specified, used for measuring or checking electrical voltage, current, resistance, or power, and equipped with a recording device. This code provides a specific classification for these types of instruments, making it easier for customs authorities and traders to identify and categorize them.
For imports falling under the HS code 90303901, the bound or most-favored-nation (MFN) duty rate is 1.7%. 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. The duty rate ensures fair trade practices and equal treatment for all countries involved.
According to the available data, no units were collected for the quantity unit of HS code 90303901. This may indicate that the reporting authority did not collect or provide specific information about the quantity units associated with this code. It is important to note that the absence of quantity units does not affect the classification or import/export procedures related to this HS code.
HS code 90303901 is eligible for various special tariff preference programs. These programs provide certain countries or regions with preferential treatment in terms of duty rates. The following programs are applicable to this HS code:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries by reducing or eliminating customs duties on specific goods or services.
While the data provided does not specify the exporting US states for HS code 90303901, it does mention the importing US state, which is Oregon. This information is valuable for traders and importers to determine the specific regulations, requirements, and procedures they need to follow when importing goods falling under this HS code into Oregon.
It is important to note that the exporting states may vary and are not limited to the ones mentioned in the data. Traders should consult with local customs authorities and trade organizations to obtain accurate and up-to-date information on the exporting states for HS code 90303901.
HS code 90303901 classifies instruments and apparatus used for measuring or checking electrical voltage, current, resistance, or power with a recording device. It is essential for traders and importers to understand the description, duty rates, quantity units, and special tariff preference programs associated with this code to ensure compliance and facilitate international trade.