Self-propelled works trucks powered by an electric motor, rider type forklift trucks are classified under HS code 84271040. This HS code is used to categorize and classify these types of forklift trucks for import and export purposes.
These forklift trucks are designed to be operated by a rider and are powered by an electric motor. They are commonly used in warehouses, factories, and other industrial settings for lifting and moving heavy loads. The rider type forklift trucks provide efficiency and convenience in material handling operations.
Importing these forklift trucks into the United States is subject to certain regulations and duties. The bound / MFN duty rate for HS code 84271040 is free, which means there is no duty imposed on these products. This applies every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
However, there are special tariff preference programs available for these forklift trucks. Under these programs, certain countries offer duty-free treatment for imports of HS code 84271040. Some of these programs include:
These special rates provide opportunities for reduced or eliminated duties when importing HS code 84271040 from specific countries.
When it comes to importing these forklift trucks into the United States, certain states are involved in the trade. South Dakota is listed as an importing state for HS code 84271040. This means that forklift trucks of this type are being brought into South Dakota from other countries.
On the other hand, exporting states for HS code 84271040 include Minnesota and Wyoming. This indicates that these states are involved in exporting these forklift trucks to other countries.
Overall, HS code 84271040 represents self-propelled works trucks powered by an electric motor, rider type forklift trucks. Importing these forklift trucks into the United States is subject to certain duties and regulations, but there are also special tariff preference programs that offer duty-free treatment for imports from specific countries. South Dakota is an importing state for these forklift trucks, while Minnesota and Wyoming are exporting states.