HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
---|---|---|---|---|---|
8203206030 | Doc | 12¢/doz. + 5.5%+55.0% | CN | US | 2025-05-12 |
HS Code Classification & Customs Information: 8203.20.60.30 - 6 INCH CROSS FLAT NOSE PLIERS
Here's a breakdown of the HS code 8203.20.60.30, applicable to your declared item "6 INCH CROSS FLAT NOSE PLIERS", along with relevant customs information. This information is structured to provide clarity and assist with your import/export process.
1. HS Code Structure & Meaning:
The HS code is a globally standardized system used to classify traded products. Here's a breakdown of 8203.20.60.30:
- Chapter 82: Tools, implements, cutlery, hand tools, and articles of the same. This broadly covers hand tools.
- 8203: Tools, implements, cutlery, hand tools, and articles of the same; other. This narrows down the category to specifically other tools, implements, etc.
- 8203.20: Pliers (including cutting pliers), pincers, tweezers and similar tools, and parts thereof. This further specifies the type of tool.
- 8203.20.60: Other: Other (except parts). This indicates that the pliers fall into a subcategory of "other" pliers, excluding parts.
- 8203.20.60.30: This is the most specific code for your product. It denotes a particular type of "other" pliers.
2. Product Description & Scope:
This HS code covers 6 INCH CROSS FLAT NOSE PLIERS that don't fall into more specifically defined categories within the pliers section. It's important to ensure your product accurately matches this description.
3. Tax Information (Based on provided data):
- Basic Duty: 12¢/dozen. This means you will pay 12 US cents for every twelve pliers imported.
- Additional Tariff: 25.0%. This is an additional percentage-based tax applied to the declared value of the goods.
- Post-April 2025 Additional Tariff: 30.0%. Be aware that the additional tariff will increase to 30.0% after April 2025.
- Total Tax: 12¢/dozen + 5.5% + 25.0% (or 30.0% after April 2025). The total tax is calculated by adding the basic duty to the additional tariff percentage.
4. Important Considerations & Recommendations:
- Material Composition: The material of the pliers (e.g., carbon steel, stainless steel) can influence the applicable tariff. Confirm the exact material composition for accurate tax calculation.
- Declared Value: The declared value of the pliers is crucial for calculating the additional tariff. Ensure the declared value is accurate and reflects the true transaction value.
- Country of Origin: While you've indicated China as the country of origin, confirm this is accurate as it can affect tariff rates and potential trade agreements.
- Certification: Depending on the destination country, you may need to provide specific certifications (e.g., compliance certificates, safety standards). Check the import regulations of the destination country.
- Post-April 2025 Tariff Changes: Factor in the tariff increase to 30.0% after April 2025 when planning your import schedule and costs.
- Review Ruling: If you are unsure about the correct classification, consider applying for a binding ruling from the customs authority in the destination country. This provides legal certainty regarding the applicable tariff.
Disclaimer: This information is based on the data provided and general customs knowledge. Customs regulations are subject to change. It is highly recommended to consult with a licensed customs broker or the customs authority in the destination country for the most accurate and up-to-date information.