Find HS Code and trade information for KEY STORAGE

Okay, here's a breakdown of the HS codes and tax implications for your declared items, presented in a structured and easy-to-understand format. I'll also provide some important considerations for each.

Please note: Tax rates and regulations are subject to change. This information is based on the data provided and current understanding as of today, and it's crucial to verify with the latest official customs guidelines before proceeding with import/export.

Item 1: Other articles of wood: Other: Of bamboo: Canoe paddles

HS Code: 4421.91.88.00

Let's break down this HS code:

• 44: Wood and articles of wood; wood charcoal. This chapter covers all products made of wood.
• 4421: Articles of wood for furniture. This narrows it down to wood articles specifically used in furniture.
• 4421.91: Other articles of wood. This indicates it's a wood article not specifically covered in the previous categories.
• 4421.91.88: Of bamboo. This specifies the material is bamboo.
• 4421.91.88.00: Further specifies the item.

Tax Implications:

• Basic Duty: 0.0%
• Additional Duty: 0.0%
• Additional Duty (Post April 2, 2025): 30%
• Total Tax: 30.0% (This will apply after April 2, 2025)

Important Considerations:

• Material Verification: Ensure the canoe paddles are entirely made of bamboo. If other materials are used (e.g., metal fittings, plastic), the HS code may need to be adjusted.
• End Use: Confirm the paddles are for general use and not specifically designed for a specialized purpose (which could affect classification).
• Documentation: You'll need a detailed invoice specifying the material composition and intended use of the paddles.

Item 2: Other articles of iron or steel: Other: Other: Containers of a kind normally carried on the person, in the pocket or in the handbag

HS Code: 7326.90.35.00

Let's break down this HS code:

• 73: Articles of iron or steel. This chapter covers all products made of iron or steel.
• 7326: Other articles of iron or steel. This narrows it down to iron or steel articles not specifically covered in the previous categories.
• 7326.90: Other articles of iron or steel, not elsewhere specified or included.
• 7326.90.35: Containers of a kind normally carried on the person, in the pocket or in the handbag.
• 7326.90.35.00: Further specifies the item.

Tax Implications:

• Basic Duty: 7.8%
• Additional Duty: 25.0%
• Additional Duty (Post April 2, 2025): 30% (specifically for steel/aluminum products)
• Total Tax: 87.8%

Important Considerations:

• Material Verification: Confirm the containers are made of iron or steel. The 25%/30% additional duty applies specifically to steel/aluminum. If other materials are used, the HS code and tax rate will change.
• Composition: The containers are normally carried on the person, in the pocket or in the handbag.
• Certification: Depending on the specific type of container (e.g., if it's a security container), you may need to provide specific certifications or comply with safety standards.
• Valuation: The declared value of the containers is crucial. Customs will assess the value to ensure it's accurate.

General Recommendations:

• Official Customs Website: Always refer to the official customs website of the importing country for the most up-to-date HS code classifications and tax rates.
• Detailed Invoice: Provide a detailed invoice with a clear description of the goods, material composition, quantity, and value.
• Seek Professional Advice: If you are unsure about the correct HS code or tax rate, consult with a customs broker or consultant.
• Record Keeping: Keep accurate records of all import/export transactions.

I hope this detailed breakdown is helpful! Let me know if you have any further questions.