Find HS Code and trade information for ELECTRIC OIL PUMP

Okay, let's break down the HS codes and tax implications for your declared item "ELECTRIC OIL PUMP". Here's a structured analysis to help you understand the classification and potential costs:

Understanding HS Codes – A Quick Primer

HS codes (Harmonized System codes) are internationally standardized codes used to classify traded products. They're crucial for determining tariffs, trade regulations, and statistical tracking. The first 6 digits are generally standardized globally, while the last digits can vary by country.

Analysis of Your HS Codes

You've received three potential HS codes. Let's examine each one:

1. 8413.50.00.50 – Pumps for liquids, whether or not fitted with a measuring device; liquid elevators; part thereof: Other reciprocating positive displacement pumps Diaphragm pumps

• 84: Machinery and mechanical appliances; parts thereof (This is the broad chapter for many industrial machines).
• 8413: Pumps for liquids; liquid elevators.
• 8413.50: Reciprocating positive displacement pumps (This narrows down the type of pump).

• 8413.50.00.50: Specifically, other reciprocating positive displacement pumps, like diaphragm pumps.

  • Tax Implications:

    • Basic Duty: 0.0%
    • Additional Tariff: 25.0% (Currently)
    • Post April 2, 2025: Additional Tariff increases to 30.0%
    • Total Tax: 55.0%

  • Considerations: This code seems most appropriate if your electric oil pump is a reciprocating positive displacement pump (like a diaphragm pump) and primarily functions as a pump for liquids.

2. 8311.90.00.00 – Wire, rods, tubes, plates, electrodes and similar products of base metal or of metal carbides, coated or cored with flux material, of a kind used for soldering, brazing, welding or deposition of metal or of metal carbides; wire and rods, of agglomerated base metal powder, used for metal spraying; base metal parts thereof: Other

• 83: Miscellaneous manufactured articles of base metal.
• 8311: Wire, rods, tubes, plates, electrodes and similar products of base metal.
• 8311.90: Other

• 8311.90.00.00: Specifically, other miscellaneous manufactured articles of base metal.

  • Tax Implications:

    • Basic Duty: 0.0%
    • Additional Tariff: 25.0% (Currently)
    • Post April 2, 2025: Additional Tariff increases to 30.0%
    • Total Tax: 55.0%

  • Considerations: This code is less likely to be correct unless your "electric oil pump" is actually comprised of wire, rods, or tubes used in a welding/soldering process. It's more for components used to make something, not the finished pump itself.

3. 7326.90.86.88 – Other articles of iron or steel: Other: Other: Other: Other Other

• 73: Articles of iron or steel.
• 7326: Other articles of iron or steel.
• 7326.90: Other

• 7326.90.86.88: A very broad "catch-all" category for other iron or steel articles.

  • Tax Implications:

    • Basic Duty: 2.9%
    • Additional Tariff: 25.0% (Currently)
    • Post April 2, 2025: Additional Tariff increases to 30.0% (especially for steel/aluminum products)
    • Total Tax: 82.9%

  • Considerations: This code is often used when a more specific classification isn't readily apparent. However, it typically results in a higher tax rate. It's best to avoid this code if a more precise classification exists.

Recommendations & Next Steps

1. Confirm Pump Type: The most important step is to accurately determine the type of electric oil pump you are importing. Is it a reciprocating positive displacement pump (like a diaphragm pump)? If so, 8413.50.00.50 is the most likely correct code.

2. Material Composition: What is the pump primarily made of? (Iron, steel, aluminum, etc.). This will help rule out codes and confirm if the 25% additional tariff on steel/aluminum applies.

3. Detailed Specification: Provide a detailed specification sheet of the pump. This will help a customs broker or classification specialist make the most accurate determination.

4. Consider a Binding Ruling: For certainty, you can request a binding ruling from your country's customs authority. This is a formal determination of the correct HS code for your product.

5. Check for Certifications: Depending on the application of the pump, you may need specific certifications (e.g., safety, electrical compliance). Confirm any required certifications before importing.

Disclaimer: I am an AI assistant and cannot provide definitive customs classification advice. This information is for general guidance only. It is essential to consult with a qualified customs broker or classification specialist in your country for accurate and legally compliant classification.