| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 8203206030 | Doc | 12¢/doz. + 5.5%+55.0% | CN | US | 2025-05-12 |
Understanding the Classification & Duty for CROSS FLAT NOSE PLIERS (HS Code 8203.20.60.30)
Here's a breakdown of the HS code, associated duties, and important considerations for importing CROSS FLAT NOSE PLIERS from China (CN):
1. HS Code Breakdown: 8203.20.60.30
The Harmonized System (HS) code is a globally standardized system of names and numbers to classify traded products. Let's dissect this specific code:
- 82: Chapter 82 – Tools, implements, cutlery, hand tools, and articles of cutlery; articles of knives. This broadly categorizes the item as a hand tool.
- 03: Files, rasps, pliers, pincers, tweezers, and similar tools, and parts thereof. This narrows down the category to specifically include pliers and related tools.
- 20: Pliers, pincers, tweezers and similar tools. Further specifies the item as pliers.
- 60: Other. This indicates that the pliers fall into a subcategory of "other" pliers, not specifically defined elsewhere within the HS code.
- 30: Other (except parts). This further refines the classification to pliers that are not parts and fall into the "other" category.
2. Duty & Tax Rates
Based on the provided information, the applicable duties and taxes are as follows:
- Basic Duty: 12¢/dozen. This means you will pay 12 US cents for every twelve pliers imported.
- Additional Duty: 5.5% of the declared value.
- Additional Tariff: 25.0% (currently).
- Post April 2025 Additional Tariff: 30.0% (effective after April 2025).
Total Tax: 12¢/dozen + 5.5% + 25.0% (or 30.0% after April 2025).
3. Important Considerations & Recommendations
- Material Composition: The duty rate can be affected by the material the pliers are made of (e.g., carbon steel, stainless steel, alloy steel). Please verify the exact material composition with your supplier.
- Declared Value: The declared value of the pliers is crucial for calculating the 5.5% additional duty. Ensure the declared value accurately reflects the transaction value.
- Country of Origin: While you've indicated China as the country of origin, double-check the origin rules to confirm this classification.
- Certification: Depending on the end-use application of the pliers, certain certifications (e.g., safety standards, quality certifications) might be required for import. Please check the import regulations of your destination country to determine if any specific certifications are needed.
- Post-April 2025 Tariff: Be aware of the upcoming tariff increase in April 2025. Factor this into your cost calculations if importing after this date.
- Record Keeping: Maintain accurate records of all transactions, including invoices, packing lists, and bills of lading, to support your customs declaration.
Disclaimer: This information is based solely on the data provided and is for general guidance only. Customs regulations are subject to change, and it is your responsibility to verify the latest requirements with the relevant customs authorities in your destination country.