Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 85143000: Industrial or Laboratory Electric Furnaces and Ovens

When it comes to industrial or laboratory furnaces and ovens, HS Code 85143000 is the specific code that is used to identify and classify these products for international trade purposes. This code is an important tool for customs authorities, importers, and exporters as it provides a standardized way to categorize and track these specific goods.

The product description for HS Code 85143000 is "Industrial or laboratory electric industrial or laboratory furnaces and ovens nesi." This means that this HS code is applicable to a wide range of electric furnaces and ovens that are used in industrial or laboratory settings, but not elsewhere specified or included.

Importers and exporters need to be aware of the specific details and requirements associated with HS Code 85143000 in order to ensure compliance with customs regulations and to accurately calculate duties and tariffs. Let's explore some key information related to this HS code.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 85143000 is 1.3%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 1.3% for the import or export of industrial or laboratory electric furnaces and ovens from all its trading partners.

Quantity Unit

The quantity unit for HS Code 85143000 is the number (NO). This indicates that the goods are typically measured and traded based on the number of units being imported or exported.

Special Tariff Preference Programs

There are several special tariff preference programs that offer duty-free treatment for industrial or laboratory electric furnaces and ovens classified under HS Code 85143000. These programs include:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible products from various developing countries.
• Australia Special Rate: Offers preferential treatment for imports and exports between Australia and the United States.
• Bahrain Special Rate: Provides preferential treatment for imports and exports between Bahrain and the United States.
• NAFTA for Canada: Duty-free treatment for trade between Canada and the United States under the North American Free Trade Agreement.
• Chile Special Rate: Preferential treatment for imports and exports between Chile and the United States.
• Caribbean Basin Initiative (CBI): Offers duty-free treatment for eligible products from designated Caribbean countries.
• Israel Special Rate: Provides duty-free treatment for imports and exports between Israel and the United States.
• Andean Trade Preference Act (ATPA): Preferential treatment for imports and exports between certain Andean countries and the United States.
• Jordan Special Rate: Offers preferential treatment for imports and exports between Jordan and the United States.
• Morocco Special Rate: Provides preferential treatment for imports and exports between Morocco and the United States.
• NAFTA for Mexico: Duty-free treatment for trade between Mexico and the United States under the North American Free Trade Agreement.
• Oman Special Rate: Preferential treatment for imports and exports between Oman and the United States.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Offers preferential treatment for imports and exports between certain Central American countries and the United States.
• Peru Special Rate: Provides preferential treatment for imports and exports between Peru and the United States.
• Singapore Special Rate: Offers preferential treatment for imports and exports between Singapore and the United States.

Importing and Exporting US States

HS Code 85143000 applies to industrial or laboratory electric furnaces and ovens that are imported or exported to and from various states in the United States. The specific importing and exporting states may vary depending on the trade flows and demand for these products.

It is important for businesses involved in the import or export of industrial or laboratory electric furnaces and ovens to familiarize themselves with the regulations, documentation requirements, and potential tariff benefits associated with HS Code 85143000. This knowledge can help streamline international trade operations and ensure compliance with customs authorities.

HS Code 85143000 serves as a valuable tool for classifying and tracking industrial or laboratory electric furnaces and ovens in international trade. Understanding the details and implications of this HS code is crucial for importers, exporters, and customs authorities to facilitate smooth and compliant cross-border transactions.