| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 8205513060 | Doc | 58.7% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your declared item: PUTTY KNIVES based on the provided HS Code and tax details.
1. HS Code Breakdown: 8205.51.30.60
The HS Code 8205.51.30.60 provides a very specific classification for your putty knives. Here's what each part means:
- 82: Chapter 82 – Tools, implements, cutlery, hand tools, and articles of pre-fabricated construction of metal. This broadly covers metal hand tools.
- 05: Within Chapter 82, this specifies Hand tools (including glass cutters) not elsewhere specified or included; blow torches and similar self-contained torches; vises, clamps and the like... This narrows it down to a specific category of hand tools.
- 51: Further specifies Other handtools (including glass cutters) and parts thereof.
- 30: Indicates Household tools, and parts thereof.
- 60: Specifically for Other (including parts) Of iron or steel.
In essence, this HS Code identifies your putty knives as household tools made of iron or steel, falling under the broader category of hand tools.
2. Tax Implications
Based on the provided information:
- Basic Tariff: 3.7%
- Additional Tariff: 25.0% (currently)
- Additional Tariff (Post April 2, 2025): 30.0%
- Total Tax: 58.7% (currently)
Important Considerations & Recommendations:
- Material Verification: The HS Code specifically mentions "Of iron or steel." Please double-check the actual material composition of your putty knives. If they contain significant amounts of other metals (e.g., stainless steel, alloy steel), the HS Code might need adjustment, which could affect the tax rate.
- Single Invoice Value: The total tax rate of 58.7% is calculated based on the declared value of the goods.
- Post-April 2, 2025 Tariff Increase: Be aware of the planned increase in the additional tariff to 30.0% after April 2, 2025. This will significantly raise your overall import costs.
- Country of Origin: Since the country of origin is China (CN), the goods are subject to these tariffs.
- Documentation: Ensure you have accurate and complete documentation, including:
- Commercial Invoice: Clearly stating the description of the goods (putty knives), quantity, unit price, and total value.
- Packing List: Detailing the contents of each package.
- Bill of Lading (B/L) or Air Waybill (AWB).
- Any relevant certificates of origin or material composition.
Disclaimer: I am an AI assistant and this information is for general guidance only. Import regulations and tariffs are 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.