HS Code Lookup for Sub-Heading 850423 in Grenada

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 850423.

Sub Heading 850423

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles - Electrical transformers, static converters (for example, rectifiers) and inductors. - Having a power handling capacity exceeding 10,000 kVA

HS Code & Description

85042300

- Having a power handling capacity exceeding10,000 kVA

View Tariff & Duties

Most classified products under HS 850423

Siemens Power Transformer 12000 kVA,
ABB Large Power Transformer 15000 kVA,
GE Grid Solutions Autotransformer 20000 kVA,
Toshiba High-Capacity Transformer 25000 kVA,
Mitsubishi Electric Power Transformer 30000 kVA,
Schneider Electric ECOFIT Liquid-Filled Transformer 11000 kVA,
TBEA Oil-Immersed Power Transformer 16000 kVA,
Hyosung Heavy Industries Ultra High-Voltage Transformer 35000 kVA,
CG Power and Industrial Solutions Limited High-Voltage Transformer 12000 kVA and
Hitachi A

Tariffs and Duties for HS 85042300

General MFN Duty

Duty Name	Origin	Duty Rate	Duty Type	Unit of Measurement
Default Duty	All Countries	0.05%	Default Duty	Kilograms, Units

FAQs

What is HS code 850423?

HS code 850423 includes Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles - Electrical transformers, static converters (for example, rectifiers) and inductors. - Having a power handling capacity exceeding 10,000 kVA.

What category is HS code 850423?

HS code 850423 belongs to chapter 85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles category.

What is the duty for HS code 85042300 in Grenada?

The default duty for 85042300 in Grenada is 0.05%. Find duties for other HS codes in Grenada.

How many dutiables are there in HS code 850423 in Grenada?

There are 1 dutiables in HS code 850423.

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.