Taps, cocks, valves, and similar appliances are essential components used in various industries and applications. They are designed to control the flow of fluids, such as liquids and gases, in pipes, boiler shells, tanks, vats, or similar systems. The HS Code 84818090 specifically refers to taps, cocks, valves, and similar appliances that are not hand-operated and are not elsewhere specified.
These devices play a crucial role in regulating the flow, pressure, and direction of fluids within a system. They are used in industries such as oil and gas, water treatment, chemical processing, pharmaceuticals, food and beverage, and many others. Taps, cocks, valves, and similar appliances are manufactured to meet specific requirements and standards, ensuring efficient and safe operation.
The bound / MFN (Most Favored Nation) duty rate for HS Code 84818090 is 2%. The MFN principle states that when a country reduces trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. This duty rate applies every time a country lowers a trade barrier or opens up a market for taps, cocks, valves, and similar appliances.
The quantity unit for HS Code 84818090 is the number (NO). This unit indicates that the quantity of taps, cocks, valves, and similar appliances is measured in individual units.
Under certain tariff preference programs, taps, cocks, valves, and similar appliances classified under HS Code 84818090 may be eligible for duty-free treatment. The following programs offer special tariff rates or exemptions:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable conditions for the importation of taps, cocks, valves, and similar appliances.
When it comes to the importation of taps, cocks, valves, and similar appliances classified under HS Code 84818090, the following US states are significant importers:
These states have a significant demand for taps, cocks, valves, and similar appliances, indicating their importance in various industries and applications.
On the other hand, the following US states are major exporters of taps, cocks, valves, and similar appliances:
These states have a strong manufacturing base and export taps, cocks, valves, and similar appliances to meet the global demand.
HS Code 84818090 encompasses taps, cocks, valves, and similar appliances used in various industries and applications. These products are crucial for controlling the flow of fluids within systems. With a bound / MFN duty rate of 2%, these appliances may also be eligible for duty-free treatment under specific tariff preference programs. Importing and exporting US states play a significant role in the trade of taps, cocks, valves, and similar appliances, indicating their importance in various industries and their contribution to the global market.