HS Code 84178000: Industrial or Laboratory Furnaces and Ovens
Industrial or laboratory furnaces and ovens are essential equipment used in various industries and laboratories for heating, melting, and processing materials. These furnaces and ovens fall under the HS Code 84178000, which specifically refers to furnaces and ovens that are nonelectric and also includes incinerators.
The HS Code is an internationally recognized system used to classify and categorize goods for import and export purposes. It is used by customs authorities and traders worldwide to identify and classify products, ensuring uniformity and consistency in international trade.
The product description of HS Code 84178000 includes various types of furnaces and ovens used in industrial and laboratory settings. These can range from small-scale laboratory ovens used for scientific experiments to large industrial furnaces used in manufacturing processes.
When importing goods classified under HS Code 84178000, it is important to be aware of the bound or most-favored-nation (MFN) duty rate. The MFN duty rate for this HS Code is 3.9%. 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. The duty rate helps determine the cost of importing these products and is an important factor to consider for businesses engaged in international trade.
The quantity unit for HS Code 84178000 is measured in numbers (NO), indicating the number of individual furnaces or ovens being imported or exported.
Several special tariff preference programs exist for products classified under HS Code 84178000. These programs provide specific benefits and reduced or duty-free treatment for certain trading partners. Here are some of the special tariff preference programs applicable to this HS Code:
1. Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products from various countries, promoting economic growth and development.
2. Australia Special Rate: Australia has a special rate for certain goods, including furnaces and ovens, which allows for reduced or duty-free treatment.
3. Bahrain Special Rate: Bahrain offers a special rate for selected goods, including industrial and laboratory furnaces and ovens, providing favorable conditions for trade.
4. NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), Canada enjoys duty-free treatment for goods classified under HS Code 84178000.
5. Chile Special Rate: Chile has a special rate for certain goods, including furnaces and ovens, allowing for reduced or duty-free treatment.
6. Caribbean Basin Initiative (CBI): The CBI provides duty-free treatment for eligible products from designated beneficiary countries in the Caribbean region.
7. Israel Special Rate: Israel offers duty-free treatment for selected goods, including industrial and laboratory furnaces and ovens.
8. Andean Trade Preference Act (ATPA): Under the ATPA, certain Andean countries receive duty-free treatment for eligible products, including those classified under HS Code 84178000.
9. Jordan Special Rate: Jordan has a special rate for certain goods, providing favorable conditions for trade, including industrial and laboratory furnaces and ovens.
10. Morocco Special Rate: Morocco offers a special rate for selected goods, including furnaces and ovens, allowing for reduced or duty-free treatment.
11. NAFTA for Mexico: Similar to Canada, Mexico benefits from duty-free treatment for goods classified under HS Code 84178000 under the NAFTA agreement.
12. Oman Special Rate: Oman provides a special rate for certain goods, including industrial and laboratory furnaces and ovens, promoting trade between countries.
13. Dominican Republic-Central American Special Rate (DR-CAFTA): The DR-CAFTA agreement allows for duty-free treatment for eligible products from participating countries in the Dominican Republic and Central America.
14. Peru Special Rate: Peru has a special rate for selected goods, including furnaces and ovens, providing favorable conditions for trade.
15. Singapore Special Rate: Singapore offers a special rate for certain goods, including industrial and laboratory furnaces and ovens, allowing for reduced or duty-free treatment.
When it comes to importing HS Code 84178000 products into the United States, several states are major importers. These states include Missouri, Wyoming, Puerto Rico, and New York. On the other hand, exporting states for these products include Arkansas and Oklahoma.
Overall, HS Code 84178000 encompasses a wide range of industrial and laboratory furnaces and ovens, including incinerators. Understanding the HS Code and its associated information, such as duty rates and special tariff preference programs, is crucial for businesses engaged in international trade. By being aware of these details, importers and exporters can make informed decisions, benefiting from reduced costs and favorable trade conditions.
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