HS Code 85021100: Electric Generating Sets with Compression-Ignition Internal-Combustion Piston Engines
Electric generating sets with compression-ignition internal-combustion piston engines fall under the HS code 85021100. This code is used to classify and identify these specific types of products for international trade purposes. In this article, we will explore the details of this HS code and the associated data.
Product Description:
The product description of HS code 85021100 is electric generating sets with compression-ignition internal-combustion piston engines, with an output not exceeding 75 kVA. This means that these sets are used to generate electricity through the use of compression-ignition internal-combustion piston engines, with a power output not exceeding 75 kilovolt-amperes.
Bound/MFN Duty Rate:
The bound/MFN duty rate for products classified under HS code 85021100 is 2.5%. The bound duty rate refers to the maximum rate of duty that a country can impose on imported goods. In the case of this HS code, the bound duty rate is set at 2.5%. This rate applies every time a country lowers a trade barrier or opens up a market, ensuring that the same goods or services from all trading partners receive equal treatment.
Quantity Unit:
The quantity unit for products classified under HS code 85021100 is the number (NO). This unit indicates that the quantity of these electric generating sets is measured in individual units.
Special Tariff Preference Programs:
Products classified under HS code 85021100 are eligible for various special tariff preference programs. These programs offer reduced or duty-free treatment for imports into specific countries. The following special tariff preference programs apply to this HS code:
1. Generalized System of Preferences (GSP) - Duty-free treatment
2. Australia Special Rate - Duty-free treatment
3. Automotive Products Trade Act (APTA) - Duty-free treatment
4. Bahrain Special Rate - Duty-free treatment
5. Agreement on Trade in Civil Aircraft - Duty-free treatment
6. NAFTA for Canada - Duty-free treatment
7. Chile Special Rate - Duty-free treatment
8. Caribbean Basin Initiative (CBI) - Duty-free treatment
9. Israel Special Rate - Duty-free treatment
10. Andean Trade Preference Act (ATPA) - Duty-free treatment
11. Jordan Special Rate - Duty-free treatment
12. Morocco Special Rate - Duty-free treatment
13. NAFTA for Mexico - Duty-free treatment
14. Oman Special Rate - Duty-free treatment
15. Dominican Republic-Central American Special Rate (DR-CAFTA) - Duty-free treatment
16. Peru Special Rate - Duty-free treatment
17. Singapore Special Rate - Duty-free treatment
Importing US States:
HS code 85021100 is used for importing electric generating sets with compression-ignition internal-combustion piston engines into the United States. These sets can be imported by various states across the country.
Exporting US States:
Similarly, these electric generating sets can be exported from the United States to various countries around the world.
HS code 85021100 represents electric generating sets with compression-ignition internal-combustion piston engines, with an output not exceeding 75 kVA. The code is used for classification and identification purposes in international trade. Understanding the details of this HS code is essential for importers, exporters, and policymakers involved in the trade of these products. Additionally, the availability of special tariff preference programs provides opportunities for duty reduction or exemption, benefiting both importers and exporters.
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