AC generators, also known as alternators, are electrical devices that convert mechanical energy into electrical energy. These generators are used in various industries and applications, such as power plants, construction sites, and manufacturing facilities. HS Code 85016400 specifically refers to AC generators with an output exceeding 750 kVA.
When importing or exporting AC generators with this HS code, it is important to understand the relevant trade policies and tariff rates. The bound or most-favored-nation (MFN) duty rate for this product is 2.4%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for AC generators under HS Code 85016400 is number (NO). This indicates that the unit of measurement for import or export purposes is the number of generators being traded.
There are several special tariff preference programs applicable to AC generators with this HS code. These programs provide preferential treatment, including duty-free status, for imports and exports between specific countries. The following programs apply to HS Code 85016400:
When importing AC generators under HS Code 85016400 to the United States, it is essential to consider the specific regulations and requirements of the importing and exporting states. Each state may have its own set of rules and procedures for trade, which must be followed to ensure compliance.
HS Code 85016400 refers to AC generators (alternators) with an output exceeding 750 kVA. Understanding the relevant trade policies, tariff rates, and special tariff preference programs is crucial for importers and exporters of these generators. By taking advantage of duty-free treatment programs and complying with state-specific regulations, businesses can optimize their trade operations and benefit from international commerce opportunities.