HS Code | Product Description | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
---|---|---|---|---|---|---|
9029104000 | Revolution counters, production counters, taximeters, odometers, pedometers and the like; speedometers and tachometers, other than those of heading 9014 or 9015; stroboscopes; parts and accessories thereof: Revolution counters, production counters, taximeters, odometers, pedometers and the like: Taximeters | Doc | 60.3% | CN | US | 2025-05-12 |
9029108000 | Revolution counters, production counters, taximeters, odometers, pedometers and the like; speedometers and tachometers, other than those of heading 9014 or 9015; stroboscopes; parts and accessories thereof: Revolution counters, production counters, taximeters, odometers, pedometers and the like: Other | Doc | 55.0% | CN | US | 2025-05-12 |
Okay, let's break down the HS codes and tax implications for your declared item: Revolution counters, production counters, taximeters, odometers, pedometers and the like. Here's a detailed analysis to help you understand the classification and potential costs.
Understanding the HS Code Structure (Important!)
The HS code is a globally standardized system. Here's how it works, using your codes as an example:
- 90: Chapter 90 covers "Optical, precision, medical, surgical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus.” This tells us broadly what category your item falls into.
- 9029: This narrows it down to "Revolution counters, production counters, taximeters, odometers, pedometers and the like; speedometers and tachometers, other than those of heading 9014 or 9015; stroboscopes; parts and accessories thereof.”
- 9029.10: Further specifies "Revolution counters, production counters, taximeters, odometers, pedometers and the like."
- 9029.10.40.00 & 9029.10.80.00: These are the most specific codes, differentiating between types within the broader category.
Detailed Breakdown of Your Codes:
1. HS Code: 9029.10.40.00 – Taximeters
- Description: Specifically for Taximeters.
- Tax Details:
- Basic Duty: 5.3%
- Additional Duty: 25.0%
- Post April 2, 2025 Additional Duty: 30.0%
- Total Tax: 60.3%
- Implication: This means you'll pay a combined 60.3% tax on the declared value of the taximeters.
2. HS Code: 9029.10.80.00 – Other (Revolution counters, production counters, odometers, pedometers, etc.)
- Description: This covers all other items within the 9029.10 category excluding taximeters. This includes revolution counters, production counters, odometers, pedometers, and similar devices.
- Tax Details:
- Basic Duty: 0.0%
- Additional Duty: 25.0%
- Post April 2, 2025 Additional Duty: 30.0%
- Total Tax: 55.0%
- Implication: The total tax rate for these "other" items is 55.0%.
Important Considerations & Recommendations:
- Accurate Classification is Key: Ensure you've correctly classified your goods. If you are importing a mix of taximeters and other counters, you must declare them separately using the appropriate HS codes. Incorrect classification can lead to delays, penalties, and unexpected costs.
- Material Composition: The material composition of the goods can sometimes affect the tariff rate.
- Single Declaration: If you are importing a variety of items under 9029.10, consider whether a single declaration is appropriate or if separate declarations are needed for each HS code.
- Valuation: The declared value of your goods is crucial. Ensure it accurately reflects the transaction value.
- Post April 2, 2025 Changes: Be aware of the increased additional duty rate of 30% coming into effect after April 2, 2025. Plan your imports accordingly.
- Country of Origin: The country of origin can affect tariff rates and eligibility for preferential trade agreements.
- Certifications: Depending on the specific application of these instruments, you may need to provide certifications (e.g., CE marking, calibration certificates). Please check the import regulations of your destination country to determine if any specific certifications are required.
To help me provide even more tailored advice, could you tell me:
- What is the destination country for these goods?
- What is the exact composition of the shipment (e.g., 10 taximeters, 5 odometers)?
- What is the intended use of these instruments?
Disclaimer: I am an AI assistant and this information is for general guidance only. It is not a substitute for professional customs advice. Always consult with a licensed customs broker or relevant authorities for accurate and up-to-date information regarding your specific import situation.