The HS Code 84289001 refers to machinery that is specifically designed for the purpose of lifting, handling, loading, or unloading various items. This code is used for classification and identification of goods during international trade. It helps customs authorities, importers, and exporters to easily identify and categorize the specific type of machinery being imported or exported.
Product Description: Machinery for lifting, handling, loading or unloading, nesi.
The HS Code 84289001 covers a wide range of machinery that is used for different lifting, handling, loading, or unloading purposes. This can include equipment such as cranes, forklifts, hoists, conveyors, and other specialized machinery. The code is applicable to machinery that is not specifically classified under any other HS code.
Bound / MFN Duty Rate: Free. 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.
The bound or most-favored-nation (MFN) duty rate for HS Code 84289001 is free. This means that countries importing or exporting machinery under this code are not required to pay any customs duties or tariffs. The free duty rate promotes trade and encourages the exchange of goods and services between countries.
Quantity Unit: Number (NO).
The quantity unit for HS Code 84289001 is "number" (NO). This means that the quantity of machinery being imported or exported is measured in units or pieces. The specific quantity can vary depending on the type and size of the machinery being traded.
Special Tariff Preference Programs:
There are various special tariff preference programs that may be applicable to machinery for lifting, handling, loading, or unloading under HS Code 84289001. These programs provide certain benefits or reduced tariff rates for eligible imports or exports. However, the specific programs and their requirements may vary depending on the country or region involved in the trade.
Importing US States:
Exporting US States:
In the United States, states such as Arizona, Maine, and North Dakota are known for importing machinery for lifting, handling, loading, or unloading under HS Code 84289001. These states have industries and businesses that require such machinery for their operations. On the other hand, South Dakota is known for exporting machinery under this HS Code, indicating its domestic production capabilities in this field.
the HS Code 84289001 represents machinery that is essential for lifting, handling, loading, or unloading various items. It is important for importers, exporters, and customs authorities to correctly classify and identify this machinery for international trade purposes. The free duty rate and special tariff preference programs further facilitate trade in this sector, promoting economic growth and cooperation between countries.