HS Code 84462150: Shuttle Type Power Looms for Weaving Fabrics

The HS Code 84462150 refers to shuttle type power looms for weaving fabrics of a width exceeding 30 cm, but not exceeding 4.9 m. This code is used to classify and identify these specific types of power looms 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.

Product Description

Shuttle type power looms are machines used for weaving fabrics. They are designed to handle fabrics with a width that exceeds 30 cm but does not exceed 4.9 m. These looms use a shuttle mechanism to pass the weft thread back and forth through the warp threads, creating the woven fabric.

Bound / MFN Duty Rate

The bound or most-favored-nation (MFN) duty rate for HS Code 84462150 is 3.7%. This means that 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. This duty rate is applicable to the import of shuttle type power looms under this HS code.

Quantity Unit

The quantity unit for HS Code 84462150 is 'number' (NO). This unit indicates that the quantity of the product being imported or exported is measured in numbers or individual units of shuttle type power looms.

Special Tariff Preference Programs

There are several special tariff preference programs that provide specific benefits for the import of shuttle type power looms under HS Code 84462150. These programs include:

Generalized System of Preferences (GSP): Provides duty-free treatment for eligible countries, allowing them to import these power looms without paying any duties.
Australia Special Rate: Offers a special rate for shuttle type power looms imported from Australia.
Bahrain Special Rate: Provides a special rate for shuttle type power looms imported from Bahrain.
NAFTA for Canada: Grants duty-free treatment for shuttle type power looms imported from Canada under the North American Free Trade Agreement (NAFTA).
Chile Special Rate: Offers a special rate for shuttle type power looms imported from Chile.
Caribbean Basin Initiative (CBI): Extends duty-free treatment for shuttle type power looms imported from eligible Caribbean countries.
Israel Special Rate: Provides duty-free treatment for shuttle type power looms imported from Israel.
Andean Trade Preference Act (ATPA): Grants special rate treatment for shuttle type power looms imported from countries eligible under the ATPA.
Jordan Special Rate: Offers a special rate for shuttle type power looms imported from Jordan.
Morocco Special Rate: Provides a special rate for shuttle type power looms imported from Morocco.
NAFTA for Mexico: Grants duty-free treatment for shuttle type power looms imported from Mexico under the North American Free Trade Agreement (NAFTA).
Oman Special Rate: Offers a special rate for shuttle type power looms imported from Oman.
Dominican Republic-Central American Special Rate (DR-CAFTA): Extends special rate treatment for shuttle type power looms imported from countries under the DR-CAFTA agreement.
Peru Special Rate: Provides a special rate for shuttle type power looms imported from Peru.
Singapore Special Rate: Offers a special rate for shuttle type power looms imported from Singapore.

Importing US States

The following US states are known for importing shuttle type power looms under HS Code 84462150:

California
Kentucky
Mississippi
New Hampshire
New Jersey
Tennessee
Virginia
California
Kentucky
Mississippi
New Hampshire
New Jersey
Tennessee
Virginia

Exporting US States

The following US states are known for exporting shuttle type power looms under HS Code 84462150:

Colorado
New Hampshire
Virginia
Colorado
New Hampshire
Virginia

HS Code 84462150 represents shuttle type power looms used for weaving fabrics. This code allows for the classification and identification of these specific machines in international trade. Importers and exporters need to be aware of the duty rates, special tariff preference programs, and the US states involved in the trade of shuttle type power looms under this HS code.