Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 84073414 - Spark-ignition Reciprocating Piston Engines for Vehicles

The HS Code 84073414 refers to spark-ignition reciprocating piston engines for vehicles with a cylinder capacity of over 1000 cc to 2000 cc. These engines are specifically designed for use in vehicles classified under HS codes 8701.20 or 8702-8704. The engines can be either used or rebuilt.

When importing or exporting goods, it is important to understand the applicable duty rates. The bound / MFN (Most Favored Nation) duty rate for HS Code 84073414 is 2.5%. 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. This ensures fair and equal treatment for all countries involved in trade.

The quantity unit for HS Code 84073414 is a number (NO), which indicates the number of units being imported or exported.

There are several special tariff preference programs available for products classified under HS Code 84073414. These programs provide preferential treatment in terms of duty rates for certain countries. For this specific HS code, the following special tariff preference programs apply:

• Free: Generalized System of Preferences (GSP) - This program provides duty-free treatment for eligible products from various developing countries.
• Australia Special Rate - Provides duty-free treatment for products imported from Australia.
• Automotive Products Trade Act (APTA) - Offers duty-free treatment for automotive products imported from certain countries.
• Bahrain Special Rate - Provides duty-free treatment for products imported from Bahrain.
• NAFTA for Canada - Offers duty-free treatment for products imported from Canada under the North American Free Trade Agreement.
• Chile Special Rate - Provides duty-free treatment for products imported from Chile.
• Caribbean Basin Initiative (CBI) - Offers duty-free treatment for products imported from eligible countries in the Caribbean region.
• Israel Special Rate - Provides duty-free treatment for products imported from Israel.
• Andean Trade Preference Act (ATPA) - Offers duty-free treatment for products imported from certain countries in the Andean region.
• Jordan Special Rate - Provides duty-free treatment for products imported from Jordan.
• Morocco Special Rate - Offers duty-free treatment for products imported from Morocco.
• NAFTA for Mexico - Provides duty-free treatment for products imported from Mexico under the North American Free Trade Agreement.
• Oman Special Rate - Offers duty-free treatment for products imported from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA) - Provides duty-free treatment for products imported from eligible countries in the Dominican Republic-Central American Free Trade Agreement.
• Peru Special Rate - Offers duty-free treatment for products imported from Peru.
• Singapore Special Rate - Provides duty-free treatment for products imported from Singapore.

In terms of importing, the following US states are involved in the importation of products classified under HS Code 84073414:

• Alabama
• Kentucky
• Michigan
• Missouri
• Ohio
• South Carolina

On the other hand, the following US states are involved in the exportation of products classified under HS Code 84073414:

• Alabama
• Michigan
• Ohio
• Tennessee
• West Virginia

Understanding the HS Code 84073414 and its associated details is crucial for importers, exporters, and traders involved in the automotive industry. By being aware of the duty rates and special tariff preference programs, businesses can make informed decisions and take advantage of any available benefits when importing or exporting spark-ignition reciprocating piston engines for vehicles.