When it comes to importing and exporting goods, it is important to understand the specific codes and regulations that govern international trade. One such code is HS Code 85098050, which pertains to electromechanical domestic appliances with self-contained electric motors. In this article, we will delve deeper into the details of this HS code, including its product description, duty rates, quantity units, and special tariff preference programs.
HS Code 85098050 encompasses a wide range of electromechanical domestic appliances. These appliances are equipped with self-contained electric motors, which power their various functions. Examples of such appliances include vacuum cleaners, sewing machines, hairdryers, and electric toothbrushes. It is important to note that this HS code covers domestic appliances that are not classified under any other specific HS code.
The bound or most-favored-nation (MFN) duty rate for HS Code 85098050 is 4.2%. 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 4.2% duty rate applies to the import or export of electromechanical domestic appliances with self-contained electric motors under this HS code.
The quantity unit for HS Code 85098050 is measured in numbers (NO). This means that the quantity of goods being imported or exported is counted in terms of the number of individual appliances. For example, if a shipment contains 100 vacuum cleaners, the quantity unit would be 100 NO.
HS Code 85098050 is eligible for various special tariff preference programs. These programs provide specific countries with preferential treatment or duty-free access to the import or export of goods under this HS code. The following countries benefit from special tariff rates:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. By providing preferential treatment or duty-free access, they encourage the import and export of electromechanical domestic appliances with self-contained electric motors.
HS Code 85098050 applies to both importing and exporting goods in the United States. This means that domestic manufacturers or retailers can import such appliances from other countries or export them to foreign markets. The specific states involved in importing or exporting under this HS code can vary depending on trade agreements, business partnerships, and market demand.
HS Code 85098050 pertains to electromechanical domestic appliances with self-contained electric motors. It covers a wide range of appliances and has a bound duty rate of 4.2%. The quantity unit is measured in numbers (NO), and various countries benefit from special tariff preference programs that provide duty-free treatment or preferential rates. Understanding the details of this HS code is essential for businesses engaged in the import or export of such appliances.