HS Code Lookup for Sub-Heading 870850 in Suriname

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 870850.

Sub Heading 870850

Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof - Parts and accessories of the motor vehicles of headings 87.01 to 87.05. - Drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof

HS Code & Description

87085010

- - For tractors

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87085090

- - Other

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Most classified products under HS 870850

Complete Differential Assembly - A preassembled unit consisting of the differential gear mechanism.,
Axle Shaft - The part of the axle that is connected to the wheels.,
Differential Housing - The casing that encloses the differential gear set.,
Crown Wheel and Pinion Set - A matched pair of gears that transmit power from the drive shaft to the axle shafts.,
Differential Bearing Kit - A set of bearings used within the differential assembly. and
Wheel Hub Assembly - The central component that houses the wheel bearings and provides

Tariffs and Duties for HS 87085010

General MFN Duty

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

FAQs

What is HS code 870850?

HS code 870850 includes Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof - Parts and accessories of the motor vehicles of headings 87.01 to 87.05. - Drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof.

What category is HS code 870850?

HS code 870850 belongs to chapter 87 Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof category.

What is the duty for HS code 87085010 in Suriname?

The default duty for 87085010 in Suriname is 0.05%. Find duties for other HS codes in Suriname.

How many dutiables are there in HS code 870850 in Suriname?

There are 2 dutiables in HS code 870850.

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.