Found 2 matching results
(CN → US)
| HS Code | Product Description | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|---|
| 8505110070 | Electromagnets; permanent magnets and articles intended to become permanent magnets after magnetization; electromagnetic or permanent magnet chucks, clamps and similar holding devices; electromagnetic couplings, clutches and brakes; electromagnetic lifting heads; parts thereof: Permanent magnets and articles intended to become permanent magnets after magnetization: Of metal --> Sintered neodymium-iron-boron | Doc | 32.1% | CN | US | 2025-05-12 |
| 9033009000 | Parts and accessories (not specified or included elsewhere in this chapter) for machines, appliances, instruments or apparatus of chapter 90: Other | Doc | 59.4% | CN | US | 2025-05-12 |
Okay, let's break down the HS codes and tax implications for your declared items, "NDFEB MAGNET". Here's a structured analysis to help you understand the classification and potential costs:
1. HS Code: 8505.11.00.70 – Permanent Magnets (Sintered Neodymium-Iron-Boron)
- Chapter 85: Electrical machinery and equipment and parts thereof; electrical instruments. This chapter covers a wide range of electrical components.
- 8505: Magnets; magnetic powders. This narrows it down to magnetic materials.
- 8505.11: Permanent magnets and articles intended to become permanent magnets after magnetization. This specifically targets permanent magnets.
- 8505.11.00: Further specifies permanent magnets.
- 8505.11.00.70: Specifically for sintered neodymium-iron-boron magnets. This is a very precise classification, indicating a specific type of high-strength magnet.
Tax Implications (8505.11.00.70):
- Basic Duty: 2.1%
- Additional Duty: 0.0% currently.
- Post April 2, 2025 Additional Duty: 30% (This is a significant increase, so plan accordingly!)
- Total Tax: 32.1% (currently)
Important Notes for 8505.11.00.70:
- Material Composition: Ensure the declared magnets are primarily composed of sintered neodymium-iron-boron. Any significant deviation in composition could lead to a different HS code.
- Application: The intended use of the magnet isn't critical for this classification, but it's good to have documentation.
- Certification: Depending on the final application of the magnets (e.g., medical devices, aerospace), specific certifications might be required. Check the import regulations for your destination country.
2. HS Code: 9033.00.90.00 – Parts and Accessories for Machines, Appliances, Instruments or Apparatus of Chapter 90
- Chapter 90: Instruments and apparatus which measure, check, analyse or control; instruments and apparatus for medical, surgical, dental or veterinary purposes; parts and accessories thereof. This chapter covers a broad range of precision instruments.
- 9033: Parts and accessories (not specified or included elsewhere in this chapter) for machines, appliances, instruments or apparatus of chapter 90. This is a "catch-all" category for components used with instruments in Chapter 90.
- 9033.00: Further specifies parts and accessories.
- 9033.00.90.00: "Other" – This is used for parts and accessories that don't fit into more specific subheadings within 9033.
Tax Implications (9033.00.90.00):
- Basic Duty: 4.4%
- Additional Duty: 25.0% currently.
- Post April 2, 2025 Additional Duty: 30% (Again, a substantial increase.)
- Total Tax: 59.4% (currently)
Important Notes for 9033.00.90.00:
- Relationship to Chapter 90 Equipment: Crucially, you need to be able to demonstrate that these parts are specifically designed for use with instruments/apparatus falling under Chapter 90. Documentation linking the parts to the specific equipment is essential.
- Specificity: If the parts are specifically designed for a particular instrument, a more precise HS code within 9033 might be available.
- Function: The function of the part is important. Is it a critical component, or a simple accessory?
Recommendations & Next Steps:
- Verify Material Composition: Double-check the exact composition of the NDFEB magnets to ensure accurate classification under 8505.11.00.70.
- Confirm Chapter 90 Linkage: For the parts classified under 9033.00.90.00, gather documentation proving their intended use with specific Chapter 90 equipment.
- Single Invoice: If possible, consolidate the magnets and parts on a single invoice to streamline the customs process.
- Declare Value Accurately: Ensure the declared value of the goods is accurate and reflects the transaction price.
- Prepare for April 2, 2025: Be aware of the significant increase in additional duties coming into effect. Factor this into your pricing and planning.
- Consider a Customs Broker: If you are unsure about any aspect of the classification or import process, consider using a licensed customs broker. They can provide expert guidance and ensure compliance with all regulations.
Disclaimer: I am an AI assistant and cannot provide definitive customs rulings. This information is for general guidance only. Always consult with a qualified customs professional for specific advice related to your import situation.