| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 4202329900 | Doc | 72.6% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your declared item: FANNY PACK based on the HS Code provided.
1. HS Code Breakdown: 4202.32.99.00
This HS Code falls under Chapter 42, which covers Articles of leather; saddlery and harness; travel goods, handbags and similar articles; articles of animal gut, of vegetable fibers, of paper or of textiles, not elsewhere specified or included in other Chapters. Let's dissect it further:
- 42: Articles of leather; saddlery and harness; travel goods, handbags and similar articles. This broadly defines the category.
- 02: Trunks, suitcases, vanity cases, briefcases, school satchels and similar containers; traveling bags, insulated food or beverage bags, toiletry bags, knapsacks and backpacks, handbags, shopping bags, wallets, purses, map cases, cigarette cases, tobacco pouches, tool bags, sports bags, bottle cases, jewelry boxes, powder cases, cutlery cases and similar containers. This narrows it down to travel goods and similar containers.
- 32: With outer surface of sheeting of plastics or of textile materials. This specifies the material of the outer surface.
- 99: Other. This indicates a more specific subcategory within the "other" grouping.
- 00: Further specification within the "other" grouping.
In essence, this HS Code is for Fanny Packs (and similar items) made with an outer surface of sheeting of plastics or textile materials, and not fitting into more specific categories.
2. Tax Implications
Based on the provided information:
- Basic Duty Rate: 17.6%
- Additional Duty Rate (until April 2025): 25.0%
- Additional Duty Rate (after April 2025): 30.0%
- Total Tax Rate: 72.6% (This is the combined effect of the basic duty and the additional duty. It's important to note this rate can change based on trade agreements and specific circumstances.)
3. Important Considerations & Recommendations
- Material Verification: Crucially, double-check the exact composition of the outer surface of your Fanny Packs. Is it primarily sheeting of plastics or textile materials? If it's leather, or a composition leather, a different HS Code (and potentially different tax rates) would apply.
- Lining Material: While the outer surface is key here, the lining material could influence classification in some cases.
- Single Price: Please verify the single price of the goods.
- Trade Agreements: Determine if any trade agreements exist between China and the destination country. These agreements could reduce or eliminate duties.
- Import Regulations: Be aware of any specific import regulations in the destination country regarding textiles, plastics, or similar materials.
- Certification: Depending on the destination country, you might need certifications related to material safety, content, or origin. Check the import requirements of the destination country.
Disclaimer: I am an AI assistant and this information is for general guidance only. It is essential to consult with a qualified customs broker or import specialist in both the origin and destination countries to ensure accurate classification, tax calculation, and compliance with all applicable regulations. Customs laws are complex and subject to change.