HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
---|---|---|---|---|---|
8204200000 | Doc | 64.0% | CN | US | 2025-05-12 |
Declaration Analysis: MINI RATCHET WRENCH - HS Code 8204.20.00.00
Here's a breakdown of the classification and associated customs regulations for your declared item, MINI RATCHET WRENCH, based on the provided HS Code 8204.20.00.00:
1. HS Code Breakdown:
- 82: Chapter 82 – Tools, implements, cutlery, hand tools, and articles of the same. This chapter broadly covers hand tools.
- 04: Heading 8204 – Hand-operated spanners and wrenches, and parts thereof. This specifies the item falls under spanners and wrenches.
- 20: Subheading 8204.20 – Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); socket wrenches, with or without handles, drives and extensions, and parts thereof. This further defines the item as hand-operated spanners and wrenches, specifically including socket wrenches.
- 00: This is the final digit, indicating a specific classification within the subheading.
In essence, HS Code 8204.20.00.00 specifically covers hand-operated socket wrenches (with or without handles/drives/extensions) and their parts.
2. Tax Details:
- Basic Tariff: 9.0% - This is the standard import duty applied to the item.
- Additional Tariff: 25.0% - An additional duty is currently applied.
- Post-April 2025 Additional Tariff: 30.0% - Please note that the additional tariff will increase to 30.0% after April 2025.
- Total Tax: 64.0% - This is the combined rate of the basic tariff and the additional tariff.
3. Important Considerations & Recommendations:
- Material Composition: The tax rate can sometimes be affected by the material the wrench is made of. Please verify the exact material composition (e.g., carbon steel, alloy steel, chrome vanadium steel).
- Unit Price: The declared value (unit price) of the wrench is crucial. Customs authorities may scrutinize values that appear significantly below market price.
- Certification: Depending on the intended use and destination country's regulations, you may need to provide certifications such as:
- CE Marking: If the wrench is sold in the European Union.
- RoHS Compliance: To demonstrate compliance with restrictions on hazardous substances.
- Other Safety Standards: Based on the target market.
- Parts vs. Complete Wrenches: If you are importing parts for wrenches, ensure they are correctly classified under the appropriate parts subheading within 8204. The tax rate for parts may differ.
- Trade Agreements: Check if any trade agreements exist between China and the destination country that could potentially reduce or eliminate tariffs.
Disclaimer: This information is for general guidance only and does not constitute professional customs advice. Customs regulations are complex and subject to change. It is highly recommended to consult with a licensed customs broker or relevant authorities for accurate and up-to-date information specific to your import situation.