HS Code 84295910: Self-propelled Backhoes, Shovels, Clamshells, and Draglines
Self-propelled backhoes, shovels, clamshells, and draglines are heavy-duty construction equipment used for excavating and digging purposes. They are designed to perform various tasks with efficiency and precision. HS Code 84295910 is specifically assigned to this category of machinery.
The HS Code system is used internationally to classify and categorize different products for customs and trade purposes. It is a standardized system that helps in identifying the specific type and nature of goods being traded. In this case, HS Code 84295910 is used to identify self-propelled backhoes, shovels, clamshells, and draglines that do not have a 360-degree revolving superstructure.
When importing or exporting goods, it is essential to understand the HS Code assigned to the product. This code helps in determining the applicable duty rates, special tariff preference programs, and trade regulations associated with the product. In the case of HS Code 84295910, the bound or most-favored-nation (MFN) duty rate is free. This means that there are no import duties imposed on these self-propelled excavation machines.
Additionally, the quantity unit for this HS Code is measured in numbers (NO), indicating the number of units being imported or exported. This unit of measurement helps in calculating the quantity and value of the goods.
Regarding special tariff preference programs, it is important to note that this information is not provided in the given data. However, it is worth mentioning that some countries have preferential trade agreements or programs that offer reduced or zero-duty rates for certain goods traded between specific countries. These programs aim to promote trade and economic cooperation between nations.
In terms of the specific trade data provided, the given list of importing US states includes Arizona, Maine, North Dakota, Georgia, Kansas, Iowa, Maryland, and Pennsylvania. These states have been identified as importers of self-propelled backhoes, shovels, clamshells, and draglines under HS Code 84295910.
On the other hand, the data does not include a list of exporting US states. However, it is reasonable to assume that the exporting states are likely to be those with a significant manufacturing or production capacity for such heavy machinery. States like South Dakota, Arkansas, Illinois, Iowa, Kansas, North Carolina, North Dakota, and Wisconsin could potentially be exporters of these self-propelled excavation machines.
HS Code 84295910 is used to classify self-propelled backhoes, shovels, clamshells, and draglines without a 360-degree revolving superstructure. This HS Code helps in determining the duty rates, trade regulations, and special tariff preference programs applicable to these machines. Understanding the HS Code system is crucial for importers, exporters, and customs authorities to ensure smooth and compliant international trade.
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