| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 4202313000 | Doc | 58.7% | CN | US | 2025-05-12 |
| 4202391000 | Doc | 60.3% | CN | US | 2025-05-12 |
| 3926909905 | Doc | 42.8% | CN | US | 2025-05-12 |
| 7326903500 | Doc | 87.8% | CN | US | 2025-05-12 |
Okay, let's break down the HS codes and tax implications for your declared items, focusing on the "WALLET" classification. Here's a structured analysis to help you understand the details:
Understanding HS Codes: A Quick Primer
HS codes (Harmonized System codes) are internationally standardized codes used to classify traded products. The first two digits generally indicate the chapter, the next two the subheading, and further digits provide more specific classifications.
1. HS Code: 4202.31.30.00 – Leather Wallets (Most Likely Primary Classification)
- 42: Articles of leather; saddlery and harness; travel goods, handbags and similar articles; articles of animal gut. This chapter covers items made of leather.
- 02: Travel goods, handbags and similar articles. This narrows it down to travel goods and bags.
- 31: Articles of a kind normally carried in the pocket or in the handbag. This specifically targets smaller items like wallets, purses, etc.
- 30: Of reptile leather. This indicates the wallet is made of reptile leather.
- Tax Details:
- Basic Duty: 3.7%
- Additional Duty: 25.0% (Currently)
- Additional Duty (Post April 2, 2025): 30.0%
- Total Tax: 58.7%
Important Considerations for 4202.31.30.00:
- Material Verification: Crucially, confirm the wallet is entirely made of reptile leather. If any other material is present, this HS code may be incorrect.
- Reptile Species: Depending on the reptile species, there might be additional import restrictions or CITES (Convention on International Trade in Endangered Species) requirements. You'll need to verify compliance.
- Valuation: Accurate valuation is essential. Customs will assess the value of the wallet to calculate duties.
2. HS Code: 4202.39.10.00 – Wallets (Other Materials, Paper Covered)
- 42: Articles of leather; saddlery and harness; travel goods, handbags and similar articles; articles of animal gut.
- 02: Travel goods, handbags and similar articles.
- 39: Articles of a kind normally carried in the pocket or in the handbag.
- 10: Other: Of material (other than leather, composition leather, sheeting of plastics, textile materials, vulcanized fiber or paperboard) wholly or mainly covered with paper.
- Tax Details:
- Basic Duty: 5.3%
- Additional Duty: 25.0% (Currently)
- Additional Duty (Post April 2, 2025): 30.0%
- Total Tax: 60.3%
Important Considerations for 4202.39.10.00:
- Material Composition: This code applies if the wallet is not leather but is covered with paper. Ensure the core material is accurately identified.
- Paper Coverage: The paper coverage must be significant ("wholly or mainly").
3. HS Code: 3926.90.99.05 – Elastic Bands (Plastic)
- 39: Plastics and articles thereof.
- 26: Other articles of plastics and articles of other materials of headings 3901 to 3914.
- 90: Other.
- 99: Other.
- 05: Elastic bands made wholly of plastics.
- Tax Details:
- Basic Duty: 5.3%
- Additional Duty: 7.5% (Currently)
- Additional Duty (Post April 2, 2025): 30.0%
- Total Tax: 42.8%
Important Considerations for 3926.90.99.05:
- Material: This code is for elastic bands made entirely of plastic.
4. HS Code: 7326.90.35.00 – Metal Wallets/Containers
- 73: Iron or steel articles.
- 26: Other articles of iron or steel.
- 90: Other.
- 35: Containers of a kind normally carried on the person, in the pocket or in the handbag.
- Tax Details:
- Basic Duty: 7.8%
- Additional Duty: 25.0% (Currently)
- Additional Duty (Post April 2, 2025): 30.0%
- Total Tax: 87.8%
Important Considerations for 7326.90.35.00:
- Material: This code is for wallets made of iron or steel.
- Steel/Aluminum: Note the additional 25% duty on steel/aluminum products.
Recommendations:
- Material Confirmation: The most important step is to accurately identify the primary material of your wallets. This will determine the correct HS code.
- Valuation: Ensure you have accurate invoices and documentation to support the declared value.
- Certifications: Depending on the material (especially reptile leather), you may need CITES certificates or other import permits.
- Post-April 2, 2025 Duty Changes: Be aware of the increased additional duties coming into effect.
- Consult a Licensed Customs Broker: For complex cases or high-value shipments, it's always best to consult a licensed customs broker in your destination country. They can provide expert guidance and ensure compliance with all regulations.
Disclaimer: I am an AI assistant and cannot provide definitive customs advice. This information is for general guidance only. Always consult official customs sources and/or a licensed customs broker for accurate and up-to-date regulations.