| HS Code | Product Description | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|---|
| 8712004800 | Bicycles and other cycles (including delivery tricycles), not motorized: Other bicycles | Doc | 66.0% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your "EXERCISE BIKE" declared as "Bicycles and other cycles (including delivery tricycles), not motorized: Other bicycles" with HS Code 8712.00.48.00.
Here's a structured explanation:
1. HS Code Breakdown (8712.00.48.00):
- 87: This chapter covers Vehicles other than railway or tramway rolling stock, and parts and accessories thereof. Essentially, it's the broad category for all kinds of vehicles.
- 8712: This heading specifically covers Bicycles and other cycles (including delivery tricycles), not motorized. This narrows it down to human-powered vehicles.
- 8712.00: This subheading further specifies all bicycles and other cycles, not motorized.
- 8712.00.48.00: This is the most specific code. It designates "Other bicycles". This likely means your exercise bike doesn't fall into other more specific bicycle categories (like racing bikes, mountain bikes, etc.).
2. Classification Considerations:
- "Exercise Bike" as "Other Bicycles": The classification as "Other Bicycles" is generally appropriate for exercise bikes. However, it's crucial to ensure this is correct based on the bike's features. If the exercise bike has significant electronic components (e.g., a sophisticated computer system, automatic resistance adjustment, built-in displays), it might be challenged and reclassified under a different HS code (potentially related to fitness equipment or electronic devices), which could have different tax implications.
- Motorized vs. Non-Motorized: The "not motorized" aspect is critical. If your exercise bike does have a motor, even a small one, the HS code will be completely different.
3. Tax Implications (Based on provided data):
- Basic Duty: 11.0%
- Additional Duty (Safeguard Duty): 25.0%
- Additional Duty (Post April 2025): 30.0% (This is important to note for shipments arriving after April 2025)
- Total Tax: 66.0% (This is the combined effect of the basic duty and the additional duty. It's a significant tax rate.)
4. Important Reminders & Recommendations:
- Material Verification: The material composition of the exercise bike can affect the tax rate. Provide a detailed Bill of Materials (BOM) to support your declaration.
- Unit Price: The declared value (unit price) is crucial. Customs will scrutinize the price to ensure it's accurate and reflects the fair market value. Under-declaring the value can lead to penalties.
- Certification: Depending on the destination country's regulations, you may need certifications for safety and quality (e.g., CE marking, ISO certifications). Please check the import requirements of the specific country you are exporting to.
- Detailed Product Description: Provide a very detailed product description on your commercial invoice and packing list. Include specifications, features, and intended use.
- Country of Origin: Ensure the declared country of origin is accurate. This affects trade agreements and potential preferential tariff rates.
- Post-April 2025 Duty: Be aware of the increased additional duty rate of 30% after April 2025. Factor this into your pricing and planning.
Disclaimer: I am an AI assistant and cannot provide definitive customs advice. This information is for general guidance only. It is highly recommended to consult with a licensed customs broker or import specialist in both the exporting (China) and importing country to ensure full compliance with all applicable regulations. They can provide tailored advice based on your specific circumstances.