The HS Code 90314990 refers to a product category that includes various optical measuring or checking instruments, appliances, and machines. This code is used to classify and track these specific goods in international trade. In this article, we will explore the details of this HS code, its description, duty rates, special tariff preference programs, and information about the importing and exporting US states.
The product description for HS Code 90314990 is "Other optical measuring or checking instruments, appliances, and machines, NESOI." NESOI stands for "Not Elsewhere Specified or Indicated," indicating that this code covers optical measuring or checking instruments that do not fall under other specific categories.
The bound or Most Favored Nation (MFN) duty rate for HS Code 90314990 is 3.5%. The MFN principle ensures that whenever a country reduces trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. This duty rate applies to this product category regardless of the origin of the goods.
HS Code 90314990 is eligible for various special tariff preference programs, which provide certain countries with preferential treatment or duty-free access to the US market. The following programs apply to this HS code:
Based on the available data, the following US states are involved in importing and exporting products under HS Code 90314990:
This information provides an overview of the states involved in importing and exporting goods classified under HS Code 90314990.
HS Code 90314990 represents a category of optical measuring or checking instruments, appliances, and machines that are not classified under other specific codes. The code is subject to a 3.5% duty rate, and various special tariff preference programs offer duty-free treatment or special rates for eligible imports. Importing US states include the Virgin Islands and Rhode Island, while exporting US states include the Virgin Islands, Pennsylvania, Montana, Arizona, District of Columbia, Connecticut, Kansas, Minnesota, and Nevada.