HS 846262 Mechanical presses
Quick Answer: Hydraulic presses imported under HS 846262 enter the UK duty-free, the EU at rates up to 2.70% ad valorem, and the US with rates ranging from Free to 30%. This classification specifically covers hydraulic presses, a type of machine tool that uses a hydraulic cylinder to generate a compressive force. These machines are essential for various industrial processes such as metal forming, stamping, and assembly. Importers should be aware of potential trade agreements that may offer preferential duty rates in the US. CustomTariffs aggregates this tariff data, providing crucial insights for compliance.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 8462620000 | — | — | — |
| 8462621000 | 0.00 % | — | — |
| 8462629000 | 0.00 % | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 8462620000 | — | — | — |
| 8462621000 | 2.70 % | — | — |
| 8462629000 | 1.70 % | — | — |
🇺🇸 United States (HTSUS)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 8462624010 | — | — | ["No."] |
| 846262 | — | — | — |
| 84626240 | 4.4% | Free (17 programs) | — |
| 8462624030 | — | — | ["No."] |
| 8462625030 | — | — | ["No."] |
Special rates available under trade agreements including USMCA, KORUS, GSP.
Duty rates sourced from the USITC (US International Trade Commission) Harmonized Tariff Schedule (HTS) (accessed 2/22/2026), EU TARIC – DG TAXUD (Directorate-General for Taxation and Customs Union) (accessed 2/22/2026), and UK Trade Tariff – HMRC (His Majesty's Revenue and Customs) (accessed 2/22/2026).
Data compiled and presented by HSRates.
Which Trade Agreements Reduce Duties for HS 8462.62?
Imports of Mechanical presses may qualify for reduced or zero duty rates under free trade agreements and preferential programs. The overview below shows available preferential arrangements by jurisdiction, compiled by HSRates from official tariff and trade agreement data.
United States (HTSUS)
Free for USMCA, KORUS, GSP, and 15 other programs
European Union (TARIC)
Preferential rate data not yet available.
United Kingdom
Preferential rate data not yet available.
Preferential rates require proof of origin and may be subject to quotas or conditions. Always verify eligibility with a licensed customs broker.
Data compiled by HSRates.
Which Preferential Rates Apply to Your Origin Country?
Select an origin country to see if preferential rates apply.
Preferential rates based on available trade agreements. Actual rates may vary.
How Has Trade Volume Developed?
Trade Volume 2023
How to Classify This HS Code?
What products does HS 846262 cover?
This subheading covers hydraulic presses, which are machines that use a hydraulic cylinder to generate a pressing force. According to the World Customs Organization (WCO) Harmonized System Explanatory Notes, these presses are designed for operations such as bending, straightening, stamping, punching, and drawing metal. Official definitions from sources like the USITC Harmonized Tariff Schedule (HTS) and the EU TARIC system confirm that this classification is for machines where the primary motive force is hydraulic, distinguishing them from mechanical or pneumatic presses.
What falls outside HS 846262?
The following products are excluded from HS 846262: mechanical presses (classified under HS 846261), pneumatic presses (classified under HS 846269), and machines that perform pressing operations as a secondary function rather than their primary purpose. For instance, a hydraulic press integrated into a larger assembly line for a specific manufacturing process might be classified under a more specific heading if its primary function is not pressing. Also excluded are simple hydraulic jacks or lifting devices not designed for forming or shaping materials.
What are common classification mistakes for HS 846262?
A common error is misclassifying hydraulic presses based on their application rather than their primary mechanism of operation. For example, a hydraulic press used solely for packaging might be incorrectly classified under Chapter 8472 if its pressing function is incidental to the packaging process. Adherence to General Rule of Interpretation (GRI) 3(b) for composite goods or GRI 1 for the essential character of the machine is crucial to ensure accurate classification, particularly when a press has multiple functions.
How should importers classify products under HS 846262?
The correct procedure for classifying products under HS 846262 involves a thorough review of the machine's technical specifications, focusing on its primary motive force and intended function. Importers and customs brokers should consult the official tariff schedules of the importing country, such as the USITC HTS or the EU TARIC, and review the Explanatory Notes from the WCO. Verification of whether the pressing force is generated hydraulically is paramount, and if the machine performs multiple functions, the essential character must be determined.
How is the duty calculated for products under HS 846262?
A 100-ton hydraulic press used for metal stamping, declared at a customs value of $25,000 USD, would attract a US Most Favored Nation (MFN) duty of $1,250. This is calculated using the MFN rate of 5.0% ad valorem published in the USITC Harmonized Tariff Schedule (HTS) for HS 846262 (5.0% × $25,000 = $1,250). It is important to note that specific rates can vary based on country of origin and trade agreements.
Which trade agreements reduce duties for HS 846262?
Several free trade agreements may reduce the applicable duty rate for HS 846262, including the United States-Mexico-Canada Agreement (USMCA), which can lead to a duty rate of Free for qualifying goods originating from Canada or Mexico. The EU's Generalized Scheme of Preferences (GSP) may also offer reduced or Free duty rates for eligible developing countries. To claim preference under USMCA, a self-certified origin statement is typically required, while for EU preferences, an EUR.1 movement certificate or origin declaration may be necessary.
```Which HS Codes Are Related?
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FAQ
What is the standard import duty rate for HS code 846262 (Hydraulic presses)?
The standard Most Favored Nation (MFN) duty rate for HS code 846262, which covers hydraulic presses, is typically 2.70% ad valorem. This rate is applied to the customs value of the imported goods. For example, if a shipment of hydraulic presses has a customs value of $100,000, the duty would be $100,000 \times 2.70% = $2,700. Always verify the current rate with the official tariff schedule of the importing country, such as the USITC Harmonized Tariff Schedule or the EU TARIC database, as rates can change.
Are there preferential duty rates available for HS code 846262 under trade agreements?
Yes, preferential duty rates for HS code 846262 are often available under various free trade agreements (FTAs). For instance, under certain agreements, countries like Australia (AU), Canada (CA), Mexico (MX), or South Korea (KR) may benefit from reduced or duty-free entry. The specific rate depends on the origin of the goods and the terms of the applicable FTA. Importers must ensure they have the necessary proof of origin documentation, such as a Certificate of Origin, to claim these preferential rates. Consult the relevant trade agreement annexes for the exact tariff treatment.
What are the key classification criteria for HS code 846262?
HS code 846262 specifically covers 'Hydraulic presses' within the broader category of 'Machine tools for working metal by forging or drop forging; machine tools for working metal by rolling or extruding'. The primary classification criterion is the use of hydraulic power to operate the ram or moving part of the press for metalworking operations such as forming, bending, stamping, or drawing. Presses that use mechanical (e.g., eccentric, crank) or pneumatic power would fall under different subheadings. Verification of the machine's primary power source and function is crucial for correct classification.
What documentation is typically required for importing hydraulic presses under HS code 846262?
When importing hydraulic presses classified under HS code 846262, standard import documentation is required, including a commercial invoice, packing list, and bill of lading or air waybill. Depending on the country of import and any applicable trade agreements, a Certificate of Origin may be necessary to claim preferential duty rates. Additionally, safety certifications or compliance declarations related to electrical standards or machinery safety may be requested by customs authorities. It is advisable to consult with a customs broker or the importing country's customs agency for a comprehensive list of required documents.
How is the duty calculated if a hydraulic press is imported from a country with a 0% preferential duty rate under an FTA?
If a hydraulic press, classified under HS code 846262, is imported from a country that has a Free Trade Agreement (FTA) with the importing country granting a 0% duty rate, the calculation is straightforward. The duty amount would be $0.00. For example, if a hydraulic press valued at $50,000 is imported from a country with a 0% preferential rate under an FTA, the duty payable is $50,000 \times 0.00% = $0.00. To claim this benefit, importers must possess a valid Certificate of Origin and meet all other FTA requirements.