Find HS Code and trade information for draw money balloon box

Draw Money Balloon Box

A Draw Money Balloon Box, also known as a Pull Money Box or Surprise Money Box, is a decorative container designed to hold gifts of cash, typically presented as a celebratory item.

Material:

• Exterior: Commonly constructed from cardboard, often with a glossy finish. More elaborate versions may utilize plastic or fabric coverings.
• Internal Mechanism: Typically features a spring-loaded mechanism and ribbon or string to pull, causing the cash to “pop” out. The internal structure is usually cardboard or plastic.
• Decoration: Boxes are extensively decorated with various themes, including birthdays, graduations, weddings, and holidays. Common decorations include printed images, balloons (real or depicted), and ribbons.

Purpose:

The primary purpose is to present monetary gifts in a fun and interactive manner. It elevates the act of gift-giving beyond simply handing over cash.

Function:

The box contains a concealed compartment holding folded banknotes. A pull-string or ribbon is attached to a release mechanism. When the string is pulled, the compartment opens, and the money is propelled upwards, often resembling a burst of balloons or a cascade of cash.

Usage Scenarios:

• Birthdays: A popular gift for all ages, particularly for children and young adults.
• Weddings: Used as a unique alternative to traditional wedding gifts, often filled with money to help the couple start their life together.
• Graduations: A common gift for graduates to aid in their future endeavors.
• Anniversaries: A celebratory gift for couples celebrating milestones.
• Other Celebrations: Suitable for any occasion where a monetary gift is appropriate, such as baby showers, retirements, or promotions.

Common Types:

• Standard Box: The most common type, typically rectangular or square in shape.
• Tiered Box: Features multiple layers or tiers, creating a larger “explosion” of money.
• Themed Boxes: Decorated with specific themes, such as characters, hobbies, or events.
• Personalized Boxes: Customized with photos, names, or messages.
• Large Capacity Boxes: Designed to hold a substantial amount of cash.
• DIY Kits: Available for individuals who prefer to assemble and decorate their own boxes.

Based on the provided reference material, the following HS codes may be relevant to “draw money balloon box”:

• 9503000011: This HS code covers Tricycles, scooters, pedal cars and similar wheeled toys; dollsʼ carriages; dolls, other toys; reduced-scale (“scaleˮ) models and similar recreational models, working or not; puzzles of all kinds; parts and accessories thereof. Specifically, it applies to inflatable toy balls, balloons and punchballs, of rubber, labeled or determined by importer as intended for use by persons under 3 years of age. The total tax rate is 30.0%.
• 9503000071: This HS code also covers Tricycles, scooters, pedal cars and similar wheeled toys; dollsʼ carriages; dolls, other toys; reduced-scale (“scaleˮ) models and similar recreational models, working or not; puzzles of all kinds; parts and accessories thereof. However, it applies to “Other” toys labeled or determined by importer as intended for use by persons under 3 years of age. The total tax rate is 30.0%.
• 4819504040: This HS code covers Cartons, boxes, cases, bags and other packing containers, of paper, paperboard, cellulose wadding or webs of cellulose fibers; box files, letter trays and similar articles, of paper or paperboard of a kind used in offices, shops or the like. Specifically, it applies to other packing containers, including record sleeves, and further to rigid boxes and cartons. The total tax rate is 55.0%.
• 4819504060: This HS code also covers Cartons, boxes, cases, bags and other packing containers, of paper, paperboard, cellulose wadding or webs of cellulose fibers; box files, letter trays and similar articles, of paper or paperboard of a kind used in offices, shops or the like. However, it applies to “Other” packing containers, including record sleeves. The total tax rate is 55.0%.

Explanation of HS Code Structure:

The HS code is a standardized system used worldwide for classifying traded products. It consists of six digits, with each digit representing a specific level of classification.

• Chapter (First two digits): The first two digits define the broad category of the product. For example, Chapter 95 covers "Toys, games and sports equipment". Chapter 48 covers "Paper or paperboard".
• Heading (Next two digits): The next two digits further refine the classification within the chapter. For example, Heading 95.03 covers "Tricycles, scooters, pedal cars and similar wheeled toys; dollsʼ carriages; dolls, other toys". Heading 48.19 covers "Cartons, boxes, cases, bags and other packing containers".
• Subheading (Last two digits): The last two digits provide the most specific classification. For example, 9503.00.00.11 specifies inflatable toy balls, balloons and punchballs of rubber for persons under 3 years of age. 4819.50.40.40 specifies rigid boxes and cartons.

Proactive Suggestions:

Regarding HS codes 9503.00.00.11 and 9503.00.00.71, please note that these codes specifically apply to products labeled or determined by the importer as intended for use by persons under 3 years of age. Ensure accurate labeling and determination of intended use.

Regarding HS codes 4819.50.40.40 and 4819.50.40.60, please note the total tax rate is 55.0%.