| HS Code | Product Description | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|---|
| 8301406060 | Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys and parts of any of the foregoing articles, of base metal; --> Other locks: --> Other --> Other | Doc | 43.2% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your declared item: BIKE LOCK (Padlocks and locks). Here's a detailed analysis based on the HS Code provided:
1. HS Code Breakdown: 8301.40.60.60
The HS Code is a globally standardized system for classifying traded products. Each segment has a specific meaning:
- 83: Chapter 83 covers "Miscellaneous articles of base metal." This broadly indicates the item is made of base metal (not precious metals).
- 8301: Specifically, this refers to "Locks, padlocks, clasps and frames with clasps, incorporating locks." This narrows down the category to locking devices.
- 8301.40: This further specifies "Other locks". This means it's not a specific type of lock covered in earlier subheadings (like spring locks, magnetic locks, etc.).
- 8301.40.60: This indicates "Other" locks, further specifying it doesn't fall into more defined categories within "Other locks".
- 8301.40.60.60: This is the most specific subheading, representing a very particular type of "Other" lock. Often, this level of detail is used for items with unique characteristics or materials.
2. Product Classification & Considerations
Based on this HS Code, your bike lock is classified as a general "Other" lock made of base metal. This suggests it doesn't have specialized features that would place it in a more specific category.
3. Tax Implications
- Basic Duty: 5.7%
- Additional Duty: 7.5% (currently)
- Additional Duty (Post April 2, 2025): 30% - Important Note: This means the additional duty will significantly increase after April 2, 2025.
- Total Tax: 43.2% (current rate)
4. Important Reminders & Suggestions
- Material Verification: Crucially, double-check the exact composition of your bike lock. The HS Code assumes "base metal." If any significant portion is made of stainless steel, aluminum alloy, or other specific metals, the HS Code could change, impacting the tax rate.
- Single Price Check: Please verify the single price of the bike lock. The tax rate may vary depending on the single price.
- Certification: Depending on the destination country's import regulations, you might need specific certifications for locks (e.g., security standards, quality control). Please check the import requirements of the destination country.
- Post-April 2, 2025 Duty Increase: Be aware of the substantial duty increase coming into effect on April 2, 2025. If possible, consider accelerating shipments to avoid the higher rate.
- Detailed Invoice: Ensure your commercial invoice clearly describes the bike lock's material composition, features, and intended use. This will help avoid potential issues during customs clearance.
Disclaimer: I am an AI assistant and this information is for general guidance only. Customs regulations are complex and can vary. It is always best to consult with a qualified customs broker or import specialist for accurate and up-to-date information specific to your shipment and destination country.