| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 4016993510 | Doc | 55.0% | CN | US | 2025-05-12 |
Okay, here's a breakdown of the HS Code and customs implications for your declared item, "Rubber Bands," based on the provided information. I'll aim to be clear, structured, and helpful.
Declaration Summary:
- Item: Rubber Bands
- HS Code: 4016.99.35.10
- Origin Country: CN (China)
- Total Tax Rate: 55.0% (as of current information, subject to change)
HS Code Breakdown (4016.99.35.10):
Let's dissect this code to understand exactly what you're classifying:
- Chapter 40: Rubber and articles thereof. This broadly covers all products made from natural, synthetic, or reclaimed rubber.
- 4016: Articles of vulcanized rubber other than hard rubber. Vulcanization is a process that strengthens rubber by heating it with sulfur. This section excludes very hard rubber items.
- 4016.9: Other articles of vulcanized rubber other than hard rubber. This is a more specific grouping within the broader category.
- 4016.99: Other: This indicates the item doesn't fit into the more precisely defined subcategories within 4016.9.
- 4016.99.35: Other: Further specifies the item.
- 4016.99.35.10: Of natural rubber: This specifically identifies the rubber bands as being made from natural rubber. This is a crucial distinction, as synthetic rubber bands would have a different HS code.
Tax Implications:
- Basic Tariff: 0.0% - Currently, there is no basic tariff applied to these rubber bands.
- Additional Tariff: 25.0% - A 25% additional tariff is currently in effect.
- Post-April 2025 Additional Tariff: 30.0% - Please be aware that the additional tariff will increase to 30% after April 2025.
- Total Tax: 55.0% - This is the combined rate based on the current basic and additional tariffs.
Important Considerations & Recommendations:
- Material Verification: Crucially, double-check that your rubber bands are entirely made of natural rubber. If they contain any synthetic rubber, blended materials, or coatings, the HS code will be different, and the tax rate could change. Provide a material composition report if available.
- Single Price Verification: The declared value (single price) of the rubber bands is important. Customs will assess the value to ensure it's accurate and not artificially low to reduce tax liability.
- Certification/Testing: Depending on the importing country's regulations, you may need to provide testing reports to confirm the rubber composition and ensure compliance with safety standards (e.g., RoHS, REACH). Check the specific requirements of the destination country.
- Trade Agreements: Investigate if any trade agreements exist between China and the importing country. These agreements could potentially reduce or eliminate tariffs.
- Post-April 2025 Changes: Be prepared for the tariff increase in April 2025. Factor this into your pricing and planning.
- Importer of Record: Ensure you have a properly registered Importer of Record in the destination country to handle customs clearance.
Disclaimer: I am an AI assistant and this information is for general guidance only. Customs regulations are complex and subject to change. It is essential to consult with a qualified customs broker or import/export specialist in both the origin and destination countries for accurate and up-to-date advice. They can provide tailored guidance based on your specific circumstances.