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HS Code Lookup for Sub-Heading 842720 in United States of America

HS Code Lookup helps classify products under appropriate HS code and find duties applicable across 140+ countries. Find and discover HS classification, tariffs, taxes, controls, rulings, ECCNs, and default and preferential duties for HS code 842720.

Sub Heading 842720

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof - Fork-lift trucks; other works trucks fitted with lifting or handling equipment. - Other self-propelled trucks

HS Code & Description

8427204000

Rider-type, counterbalanced fork-lift trucks

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8427208020

Aerial work platforms of a kind described in statistical note 3 to this chapter.

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8427208090

Other

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Most classified products under HS 842720

Electric Forklift Truck,
Diesel Forklift Truck,
LPG,
Pallet Truck,
Reach Truck,
Order Picker Truck,
Stack Truck,
Rough Terrain Forklift Truck,
Telescopic Handler and
Container Handler

Tariffs and Duties for HS 8427204000

General MFN Duty

Duty Name	Origin	Duty Rate	Duty Type	Unit of Measurement
Default Duty	All Countries	Free	Default Duty	UNIT
Column2 Duty	All Countries	35%	Additional Duty	-
	China			-

Rulings

S.No.	Date of Ruling	Product Description	HS Code	Ruling Number	Country of Ruling
1	Aug 8, 1997		8427204000		United States of America
2	Aug 10, 2001		8427204000		United States of America

FAQs

What is HS code 842720?

HS code 842720 includes Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof - Fork-lift trucks; other works trucks fitted with lifting or handling equipment. - Other self-propelled trucks.

What category is HS code 842720?

HS code 842720 belongs to chapter 84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof category.

What is the duty for HS code 8427204000 in United States of America?

The default duty for 8427204000 in United States of America is Free. Find duties for other HS codes in United States of America.

Does HS code 8427204000 have rulings in United States of America?

Yes, HS code 8427204000 has rulings in United States of America such as The tariff classification of unfinished forklifts from Ireland and more.

How many dutiables are there in HS code 842720 in United States of America?

There are 3 dutiables in HS code 842720.

What is an HS Code and Why Does it Hold For Cross-Border Trade?

HS code is a standardized six-digit numerical classification system developed by the World Customs Organization (WCO) and acts as a universal language for simplifying the process of identifying and classifying traded products. They ensure consistent customs clearance, enable accurate duty calculation, and help identify relevant trade regulations. This simplifies the process for businesses, saving time, reducing risk, and promoting informed decision-making.

What are Controls and Why should Businesses Focus on Them?

In global trade, controls refer to a set of regulations and policies implemented by governments to manage the import and export of goods and services. These controls can take various forms, including tariffs, quotas, embargoes, export controls, and licensing requirements. Companies should prioritize understanding and adhering to them for compliance, reduced risk of legal issues, mitigating reputational damage, staying competitive, and building trust with governments.

What are Tariffs in Global Trade and Why should Businesses Focus on Them?

In global trade, tariffs are a type of tax levied by a government on imported goods. They act as a financial barrier to entry, increasing the overall cost of the imported product for domestic consumers and businesses. By understanding how tariffs work and their potential impact, companies can make informed decisions about pricing, sourcing, and market expansion, ultimately ensuring their competitiveness in the global marketplace.

What are FTAs in Global Trade and Why should Businesses Focus on Them?

In global trade, Free Trade Agreements (FTAs) are legally binding agreements between two or more countries aimed at reducing or eliminating barriers to trade between them. By understanding the terms of relevant FTAs and strategically incorporating them into their business plans, companies can enjoy reduced costs, expanded market access, and a more competitive edge in international trade.