A color video monitor is an electronic device that displays video signals from various sources. The HS Code 85285940 specifically refers to color video monitors not elsewhere specified, with a video display diagonal size larger than 34.29 cm, and incorporating a VCR (Video Cassette Recorder) or player.
When importing or exporting goods, it is important to be aware of the HS Code, as it is used to classify products for customs and statistical purposes. The HS Code 85285940 helps customs authorities identify and categorize color video monitors with specific features, such as size and incorporation of a VCR or player.
Bound / MFN (Most Favored Nation) duty rate for HS Code 85285940 is 3.9%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate of 3.9% applies to color video monitors falling under this HS Code.
The quantity unit for HS Code 85285940 is the number (NO). This unit indicates that the quantity of color video monitors is measured in whole numbers.
There are also special tariff preference programs applicable to HS Code 85285940. These programs provide preferential treatment for specific countries or regions, allowing for reduced or duty-free import tariffs. The following countries benefit from special tariff rates for color video monitors under this HS Code:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing trade barriers and facilitating the movement of goods.
When it comes to importing or exporting color video monitors falling under HS Code 85285940, it is essential to understand the specific regulations and requirements of the importing and exporting US states. While the provided data does not mention the exporting US states, it states that the importing US state is South Dakota. Therefore, businesses or individuals involved in the trade of color video monitors under this HS Code should familiarize themselves with the regulations and procedures of South Dakota.
Overall, HS Code 85285940 encompasses color video monitors with specific characteristics, including size and incorporation of a VCR or player. Understanding the HS Code and the associated duty rates and tariff preference programs is crucial for importers and exporters, ensuring compliance with customs regulations and taking advantage of any available benefits.