The HS Code 85429000 refers to parts of electronic integrated circuits and microassemblies. These components are essential for the functioning of various electronic devices and systems. In this article, we will explore the details of this HS code, including its product description, duty rates, special tariff preference programs, and the importing and exporting US states associated with it.
Parts of electronic integrated circuits and microassemblies are crucial components used in the manufacturing of electronic devices such as computers, smartphones, televisions, and other consumer electronics. These parts can include microchips, transistors, resistors, capacitors, and other electronic components that are integrated into circuit boards to create functional electronic systems.
The HS code 85429000 specifically covers the classification and identification of these parts, ensuring proper categorization for international trade and customs purposes.
The bound or most-favored-nation (MFN) duty rate for HS Code 85429000 is free. This means that countries are not required to pay any import duty when importing these parts. The free duty rate is applicable every time a country lowers a trade barrier or opens up a market and must be offered to all trading partners for the same goods or services.
This encourages free trade and eliminates discriminatory practices, ensuring fair treatment for all countries involved in international trade.
HS Code 85429000 is eligible for various special tariff preference programs, offering additional benefits and exemptions for certain countries. These programs include:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries by providing benefits and incentives for specific trade relationships.
For imports of HS Code 85429000 into the United States, the following states are associated with this product:
These states play a significant role in importing electronic integrated circuit parts and microassemblies for various industries and consumer markets.
On the other hand, the following states are associated with the export of HS Code 85429000 products from the United States:
These states are involved in exporting these electronic components to international markets, contributing to the global supply chain of electronic devices and systems.
HS Code 85429000 encompasses parts of electronic integrated circuits and microassemblies, which are vital components for the functioning of various electronic devices. The code has a free duty rate and is eligible for special tariff preference programs, providing benefits and exemptions for specific countries. The importing and exporting US states associated with this HS code play a crucial role in the international trade of electronic components.