85142020

HS code 8514202000 (Chapter 85 "Electrical machinery; electronics"; Heading 8514 "Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss"; Subheading 851420 "Furnaces and ovens functioning by induction or dielectric loss") under the Korea tariff schedule classifies "For metal industry". Korea customs apply MFN rate of 8, WTO bound rate 0. Statutory unit of measure: U/KG. 31 free trade agreement preferential rates are available for this code.