Transporter cranes, gantry cranes, and bridge cranes fall under HS Code 84261900. This code is used to classify these types of cranes for international trade purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, special tariff preference programs, and the importing and exporting US states.
HS Code 84261900 encompasses transporter cranes, gantry cranes, and bridge cranes. These are heavy-duty machinery used for lifting and moving heavy objects in various industries. Transporter cranes are designed to move loads horizontally, while gantry cranes and bridge cranes are used for lifting and moving loads vertically. These cranes play a crucial role in construction, manufacturing, logistics, and other sectors where there is a need for efficient material handling.
The bound or MFN (Most Favored Nation) duty rate for HS Code 84261900 is free. This means that there are no tariffs or duties imposed on the import or export of transporter cranes, gantry cranes, and bridge cranes. The free duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for all trading partners in terms of goods or services.
HS Code 84261900 is eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty-free imports or reduced duty rates for specific countries. The following programs apply to this HS code:
When it comes to the United States, the importing state for HS Code 84261900 is South Dakota. This means that transporter cranes, gantry cranes, and bridge cranes are imported into the US through South Dakota.
As for the exporting US states, Minnesota stands out. It is listed twice, indicating that Minnesota is a significant exporter of transporter cranes, gantry cranes, and bridge cranes to other states or countries.
HS Code 84261900 covers transporter cranes, gantry cranes, and bridge cranes used in various industries. This code carries a free duty rate and is eligible for multiple special tariff preference programs. South Dakota serves as the importing state for these cranes, while Minnesota plays a crucial role as an exporting state.