| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 8205595560 | Doc | 60.3% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your declared item: KNITTING NEEDLES based on the HS Code provided.
1. HS Code Breakdown: 8205.59.55.60
The HS Code is a globally standardized system for classifying traded products. Here's what each part of this code signifies:
- 82: Chapter 82 – Tools, implements, cutlery, hand tools, and articles of cutlery not elsewhere specified or included; articles of shaving or of hairdressing, manicure or pedicure, beauty or make-up preparation and hygiene. This broadly categorizes your knitting needles as hand tools.
- 05: This further specifies Hand tools (including glass cutters) not elsewhere specified or included; blow torches and similar self-contained torches; vises, clamps and the like, other than accessories for and parts of machine tools or water-jet cutting machines; anvils; portable forges; hand- or pedal-operated grinding wheels with frameworks; base metal parts thereof.
- 59: This narrows it down to Other handtools (including glass cutters) and parts thereof.
- 55: This specifies Of iron or steel Other (including parts).
- 60: This is the final, most specific code, indicating a particular type of iron or steel hand tool (in this case, knitting needles).
2. Product Classification & Considerations
Based on this HS Code, your knitting needles are classified as hand tools made of iron or steel. This is a fairly straightforward classification.
3. Tax Implications (as provided)
- Basic Duty: 5.3%
- Additional Duty: 25.0% (currently)
- Additional Duty (Post April 2, 2025): 30.0%
- Total Tax: 60.3%
Important Notes & Recommendations:
- Material Verification: Crucially, confirm the exact material composition of your knitting needles. While the HS Code suggests iron or steel, any significant alloy content (e.g., stainless steel, carbon steel with specific percentages) could shift the classification and tax rate. Provide a material specification sheet if available.
- Single Piece vs. Sets: The tax rate applies to each knitting needle. If you are importing sets, ensure the declared value reflects the individual value of each needle.
- Value Declaration: Accurate value declaration is essential. Customs authorities will scrutinize the declared value to ensure it aligns with market prices.
- Country of Origin: Since you indicated "CN" (China), ensure you have the correct documentation proving the Chinese origin to benefit from any applicable trade agreements.
- Post April 2, 2025 Changes: Be aware of the increased additional duty rate of 30% coming into effect after April 2, 2025. Plan your imports accordingly.
- Certification: Depending on the destination country, you may need to provide certificates of origin or other compliance documentation. Check the import regulations of the specific country you are importing into.
Disclaimer: I am an AI assistant and this information is for general guidance only. Customs regulations are complex and subject to change. It is highly recommended to consult with a licensed customs broker or import specialist for accurate and up-to-date advice tailored to your specific situation.