The HS code 85258050 represents a specific category of products: television cameras, digital cameras, and video camera recorders. This code is used for the classification and identification of these products in international trade. Understanding the HS code system is essential for importers, exporters, and customs authorities to ensure accurate trade data and proper customs procedures.
Television cameras, digital cameras, and video camera recorders are electronic devices used for capturing and recording visual images. They have become indispensable tools in various industries, including broadcasting, filmmaking, journalism, surveillance, and personal photography. These devices enable users to capture, store, and share images and videos with ease and convenience.
The HS code 85258050 provides a clear description of the products covered under this code. It includes television cameras, which are used for capturing live video footage, digital cameras, which capture still images digitally, and video camera recorders, which record video footage onto electronic storage media.
When it comes to international trade, the HS code plays a crucial role in determining import duties and taxes. The bound / MFN duty rate for products classified under HS code 85258050 is 2.1%. This means that whenever a country reduces trade barriers or opens up its market, it must apply the same duty rate for television cameras, digital cameras, and video camera recorders from all its trading partners.
However, there are special tariff preference programs that offer duty-free treatment for products classified under HS code 85258050. These programs include the Generalized System of Preferences (GSP), which provides duty-free treatment for eligible developing countries. Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, the Dominican Republic (under DR-CAFTA), Peru, and Singapore have special rates or duty-free treatment for these products.
Importing states in the United States for products classified under HS code 85258050 include Kansas, South Carolina, Virginia, Alabama, California, Illinois, and Utah. These states are known for their diverse industries and strong consumer demand for television cameras, digital cameras, and video camera recorders.
On the other hand, the exporting states in the United States for these products include Kansas, the District of Columbia, Massachusetts, and New Mexico. These states have thriving manufacturing sectors and are known for producing high-quality electronic devices, including television cameras, digital cameras, and video camera recorders.
The HS code 85258050 provides a standardized and internationally recognized classification for television cameras, digital cameras, and video camera recorders. It enables efficient trade data collection, accurate customs procedures, and fair trade practices. Importers, exporters, and customs authorities should be familiar with this code to ensure compliance with trade regulations and to facilitate smooth international trade.