HS Code 85124040: Windshield Wipers for Cycles or Motor Vehicles
Windshield wipers play a crucial role in ensuring the safety and visibility of drivers on the road. They are particularly important during rainy or snowy weather conditions, as they help to keep windshields clear and free from water or debris. In this article, we will explore the HS Code 85124040, which specifically refers to windshield wipers used for cycles or motor vehicles.
The HS Code 85124040 is a classification code used by customs authorities to identify and categorize specific products for import and export purposes. This code is part of the Harmonized System (HS), a globally recognized system used for the classification of goods. Each HS code consists of six digits, and in this case, the code 851240 refers to electrical lighting or signaling equipment for cycles or motor vehicles.
The additional two digits, 40, further specify the product description, which in this case is windshield wipers. This HS code allows customs authorities and traders to easily identify and track the import and export of windshield wipers for cycles or motor vehicles.
When it comes to trade barriers, the bound or most-favored-nation (MFN) duty rate for HS Code 85124040 is 2.5%. The MFN duty rate is the tariff rate that a country applies to imports from all its trading partners, ensuring that there is no discrimination among countries. This means that regardless of the country of origin, windshield wipers for cycles or motor vehicles will be subject to a 2.5% duty when imported.
It is worth mentioning that certain countries have special tariff preference programs in place for products classified under HS Code 85124040. These programs provide preferential treatment in terms of duty-free access or reduced duty rates. For example, the Generalized System of Preferences (GSP) offers duty-free treatment for windshield wipers imported from eligible countries.
Australia has a special rate under the Automotive Products Trade Act (APTA), which grants duty-free treatment for windshield wipers. Similarly, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic (under DR-CAFTA), Peru, and Singapore have special rates or preferential treatment for windshield wipers under various trade agreements or initiatives.
Importing windshield wipers classified under HS Code 85124040 into the United States requires compliance with customs regulations and procedures. The importing US states may vary, as the transportation of goods can occur through different ports of entry. Therefore, it is essential for importers to be aware of the specific requirements and procedures of the respective US states they are importing into.
Likewise, exporting windshield wipers from the United States to other countries also involves adherence to customs regulations and procedures. The exporting US states may differ depending on the location of the manufacturer or exporter. Exporters should ensure compliance with export documentation, including the proper classification of the product under HS Code 85124040.
HS Code 85124040 refers to windshield wipers for cycles or motor vehicles. This HS code plays a significant role in facilitating international trade by providing a standardized classification for customs authorities and traders. Understanding the duty rates and special tariff preference programs associated with this HS code is crucial for importers and exporters to optimize their trade activities.
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