8431.39.00.50 - Of oil and gas field machinery 🖩
Details
| Field | Value |
|---|---|
| Unit of Quantity | No. |
| General Rate of Duty (Column 1 - General) | Free |
| Special Rate of Duty (Column 1 - Special) | N/A |
| Column 2 Rate of Duty | 35% |
| Quota Quantity | N/A |
| Additional Duties | N/A |
Overview
This HTS category, 8431.39.00.50, specifically covers parts and accessories that are designed for use solely or principally with oil and gas field machinery falling under heading 8431. This includes a wide array of components for equipment utilized in exploration, extraction, production, and transportation within the oil and gas industry. Examples might include specialized pumps, drilling equipment components, wellhead assemblies, and pipeline maintenance machinery parts, provided they are dedicated to this specific sector.
When distinguishing this category from its siblings, it's important to note that 8431.39.00.50 is distinct from 8431.39.00.70, which is exclusively for parts of woodland log handling equipment that fall under statistical reporting number 8428.90.0310. Furthermore, the sibling category 8431.39.00.80, also designated as "Other," would encompass parts for machinery of heading 8428 that do not meet the specific criteria for oil and gas field machinery or woodland log handling equipment. Therefore, the defining characteristic for classification under 8431.39.00.50 is the intended application within the oil and gas industry.
As this HTS code represents a leaf node, there are no further subdivisions. Classification into this category is final and relies on the determination that the part or accessory is intended for use with oil and gas field machinery as defined within the broader scope of heading 8431. Careful consideration of the equipment's ultimate function and industry of use is paramount for correct classification.