HS Code | Product Description | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
---|---|---|---|---|---|---|
7317005518 | Nails, tacks, drawing pins, corrugated nails, staples (other than those of heading 8305) and similar articles, of iron or steel, whether or not with heads of other material, but excluding such articles with heads of copper: Other: Of one piece construction: Made of round wire Collated nails: Other: Other | Doc | 80.0% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your declared item: GROUND NAILS based on the provided HS Code and tax details.
1. HS Code Breakdown: 7317.00.55.18
- 73: This chapter covers articles of iron or steel.
- 17: Specifically, this heading covers nails, tacks, drawing pins, corrugated nails, staples, and similar articles.
- 00: This sub-heading indicates "other" – meaning it falls within the broader category but isn't specifically defined elsewhere.
- 55: Further specifies "of one piece construction". This means the nail is made from a single piece of wire, not assembled.
- 18: Indicates "other" within the "of one piece construction" category, likely referring to nails made of round wire and collated nails.
In essence, HS Code 7317.00.55.18 classifies your GROUND NAILS as one-piece construction nails made of iron or steel (specifically round wire, collated nails), not covered by more specific classifications.
2. Tax Implications
Based on the provided tax_detail
, here's a breakdown of the taxes you can expect:
- Basic Duty: 0.0% - There is no basic import duty on these nails.
- Additional Tariff (Currently): 25.0% - A 25% additional tariff is currently applied.
- Additional Tariff (Post April 2025): 30% - Effective after April 2025, the additional tariff will increase to 30% for steel and aluminum products.
- Total Tax: 80.0% - This seems unusually high. It's crucial to understand how this 80% is calculated. It likely includes VAT (Value Added Tax) on top of the additional tariff. Please verify this calculation with your customs broker or the customs authority.
3. Important Considerations & Recommendations
- Material Verification: Confirm the exact material composition of your nails. While classified as "iron or steel," the specific alloy can sometimes impact tariff rates.
- Single Piece Construction: Ensure the nails genuinely meet the definition of "one-piece construction." If they are assembled, a different HS code might be more appropriate.
- Collated Nails: Confirm if the nails are collated (arranged in strips or bands for use with nail guns).
- Single Declaration: Ensure the nails are declared as a single item. If there are different types of nails, they may need separate HS codes.
- VAT: Understand the VAT rate applicable in your country of import. This will be added on top of the basic duty and additional tariff.
- Post-April 2025 Tariff: Be prepared for the tariff increase to 30% after April 2025.
- Country of Origin: The country of origin is critical. Tariff rates can vary depending on trade agreements between countries.
- Required Documents: You'll likely need a commercial invoice, packing list, bill of lading, and potentially a certificate of origin.
Disclaimer: I am an AI assistant and cannot provide definitive customs advice. This information is for general guidance only. It is strongly recommended that you consult with a licensed customs broker or your local customs authority to ensure accurate classification and compliance with all applicable regulations. They can provide tailored advice based on your specific circumstances and the latest import rules.