HS Code | Product Description | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
---|---|---|---|---|---|---|
8714998000 | Parts and accessories of vehicles of headings 8711 to 8713: Other: Other: Other | Doc | 47.5% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your declared item: BICYCLE CHAINRING based on the provided HS Code.
1. HS Code Breakdown: 8714.99.80.00
- 87: This chapter covers Vehicles, aircraft, and parts thereof; bicycles, scooters, and other non-motorized cycles.
- 8714: Specifically refers to Parts and accessories of vehicles of headings 8711 to 8713 (which generally include bicycles). This means your chainring is categorized as a bicycle part.
- 8714.99: "Other parts and accessories" – This narrows it down further, indicating it's not a specifically named part covered in earlier subheadings.
- 8714.99.80: Even more specific – "Other" – This is where a wide range of bicycle parts that don't fit into more defined categories are placed.
- 8714.99.80.00: The final level of detail. This is the specific code for "Other" bicycle parts and accessories.
In essence, this HS Code identifies your bicycle chainring as a non-specifically named part/accessory for a bicycle.
2. Tax Implications
Based on the provided information, the total tax rate for your BICYCLE CHAINRING is 47.5%. This is comprised of:
- Basic Tariff: 10.0%
- Additional Tariff: 7.5%
- Additional Tariff (Post April 2025): 30% (This is important to note if your import date is after April 2025, as the tax rate will increase significantly.)
3. Important Considerations & Recommendations
- Material Composition: The material of the chainring (e.g., steel, aluminum alloy, carbon fiber) could influence the tariff rate. While 8714.99.80.00 is the general code, some materials might have specific subheadings with different rates. Please double-check the material composition against the HS Code directory.
- Single Price: The declared value (single price) of the chainring is crucial. Customs will assess duties based on this value. Ensure the declared value is accurate and reflects the actual transaction price.
- Certification/Compliance: Depending on the destination country's regulations, bicycle parts may require specific certifications (e.g., safety standards, quality control). Please verify if any certifications are needed for import into your specific country.
- Trade Agreements: Check if there are any trade agreements between China and your destination country that could reduce or eliminate tariffs.
- Post-April 2025 Tariff Increase: Be aware of the significant tariff increase scheduled for after April 2025. Plan your imports accordingly.
To ensure accurate classification and avoid potential issues with customs, I recommend:
- Consulting the official HS Code directory for your destination country.
- Providing a detailed product specification sheet to your customs broker.
- Contacting a customs broker in your destination country for expert advice.
Do you have any further questions about this classification, or would you like me to elaborate on any of these points? For example, do you know the material of the chainring? Knowing that would help me refine the accuracy of the HS Code.