An automatic thermostat is a crucial component in modern heating and cooling systems. It plays a vital role in maintaining a comfortable indoor temperature and helps save energy by regulating the operation of HVAC (heating, ventilation, and air conditioning) equipment. In this article, we will delve into the details of HS Code 90321000, which pertains to automatic thermostats, and explore its significance in international trade.
HS Code: 90321000
The Harmonized System (HS) code 90321000 is an international standard classification for automatic thermostats. This six-digit code is used by customs authorities worldwide to identify and classify products during import and export procedures. By assigning a specific HS code to a product, it becomes easier to track and regulate trade in a standardized manner.
Product Description: Automatic Thermostats
Automatic thermostats are devices used to control temperature in various applications, including residential, commercial, and industrial settings. These thermostats are designed to sense the ambient temperature and automatically adjust the heating or cooling system to maintain a desired temperature range. They can be programmable or non-programmable, allowing users to set temperature schedules or manually adjust settings.
Bound / MFN Duty Rate: 1.7%
The bound or most-favored-nation (MFN) duty rate for HS Code 90321000 is 1.7%. This rate is applicable when a country reduces trade barriers or opens up its market to ensure equal treatment for all trading partners. It means that countries importing automatic thermostats classified under this HS code are required to pay a duty rate of 1.7% on the product's declared value.
Quantity Unit: Number (NO)
The quantity unit for automatic thermostats under HS Code 90321000 is "number" (NO). This unit signifies that the product is measured and traded based on the number of individual thermostats rather than weight or volume.
Special Tariff Preference Programs
Automatic thermostats classified under HS Code 90321000 may be eligible for special tariff preference programs, providing duty-free treatment or preferential rates. The following programs apply:
Importing US States
When it comes to importing automatic thermostats under HS Code 90321000 to the United States, the following states are involved:
Exporting US States
Regarding the exporting of automatic thermostats from the United States under HS Code 90321000, the following states are involved:
HS Code 90321000 represents automatic thermostats, which are essential for temperature regulation in various settings. Understanding the HS code, product description, duty rates, special tariff preference programs, and import/export states associated with automatic thermostats can aid businesses and individuals in navigating international trade regulations effectively.