Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 84264900: Derricks, cranes and other lifting machinery nesi, self-propelled, not on tires

Derricks, cranes, and other lifting machinery are essential equipment in various industries, such as construction, manufacturing, and logistics. These machines are designed to lift and move heavy loads, making them crucial for efficient operations. HS Code 84264900 specifically refers to self-propelled lifting machinery that is not equipped with tires.

When it comes to international trade, HS codes play a vital role in classifying goods and determining import and export duties. HS Code 84264900 allows customs authorities to identify and categorize this specific type of machinery, ensuring proper regulation and control.

The product description for HS Code 84264900 is "Derricks, cranes, and other lifting machinery nesi, self-propelled, not on tires." This description provides a clear understanding of the scope and nature of the goods covered by this HS code.

Importing and exporting goods under HS Code 84264900 may entail certain duty rates. The MFN (Most Favored Nation) duty rate for this HS code is free. This means that no duties or tariffs are imposed when trading partners lower trade barriers or open up their markets for the same goods or services.

Additionally, several special tariff preference programs offer duty-free treatment for products classified under HS Code 84264900. These programs include:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products imported from various countries.
• Australia Special Rate: Australia offers duty-free treatment for goods imported under HS Code 84264900.
• Automotive Products Trade Act (APTA): This program grants duty-free treatment for automotive products imported from eligible countries.
• Bahrain Special Rate: Goods classified under HS Code 84264900 can be imported into Bahrain duty-free.
• NAFTA for Canada: Canada provides duty-free treatment for goods traded under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Chile offers duty-free treatment for products imported under HS Code 84264900.
• Caribbean Basin Initiative (CBI): This program allows duty-free treatment for eligible goods imported from designated beneficiary countries in the Caribbean region.
• Israel Special Rate: Israel provides duty-free treatment for goods classified under HS Code 84264900.
• Andean Trade Preference Act (ATPA): This program grants duty-free treatment for eligible goods imported from Andean countries.
• Jordan Special Rate: Goods traded under HS Code 84264900 can be imported into Jordan duty-free.
• Morocco Special Rate: Morocco offers duty-free treatment for products imported under this HS code.
• NAFTA for Mexico: Mexico provides duty-free treatment for goods traded under NAFTA.
• Oman Special Rate: Goods classified under HS Code 84264900 can be imported into Oman duty-free.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program allows duty-free treatment for goods imported from eligible countries in the Dominican Republic-Central American Free Trade Agreement region.
• Peru Special Rate: Peru offers duty-free treatment for goods imported under HS Code 84264900.
• Singapore Special Rate: Goods traded under this HS code can be imported into Singapore duty-free.

While the quantity unit for HS Code 84264900 is listed as "number (NO)," it is important to note that the specific quantity or volume of goods being imported or exported may vary depending on the transaction.

Importing US states that have reported importing goods classified under HS Code 84264900 include South Dakota. On the other hand, no specific exporting US states are mentioned in the available data.

Overall, HS Code 84264900 encompasses self-propelled lifting machinery not equipped with tires. Understanding the product description, duty rates, and special tariff preference programs associated with this HS code is crucial for importers, exporters, and customs authorities involved in international trade.