HS Code | Product Description | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
---|---|---|---|---|---|---|
9001904000 | Optical fibers and optical fiber bundles; optical fiber cables other than those of heading 8544; sheets and plates of polarizing material; lenses (including contact lenses), prisms, mirrors and other optical elements, of any material, unmounted, other than such elements of glass not optically worked: Other: Lenses | Doc | 55.0% | CN | US | 2025-05-12 |
Okay, let's break down the classification and tax implications for your declared item: MAGNIFYING GLASS based on the provided HS Code and tax details.
1. HS Code Breakdown: 9001.90.40.00
- 90: This chapter covers "Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof." Essentially, it covers a wide range of instruments dealing with light, vision, and measurement.
- 01: This subheading narrows it down to "Lenses (including contact lenses), prisms, mirrors and other optical elements, of any material, unmounted, other than such elements of glass not optically worked." This is where your magnifying glass falls, as it's an optical element.
- 90: Further specifies "Other" lenses. This means it's not a specifically defined type of lens covered in earlier subheadings.
- 40.00: This is the final, most specific code. It indicates a particular type within the "Other" category.
In essence, 9001.90.40.00 is the code for unmounted lenses (including those used in magnifying glasses) that aren't specifically categorized elsewhere.
2. Tax Implications
Based on the provided information:
- Basic Tariff: 0.0% - This means there is no base import duty on the magnifying glass itself.
- Additional Tariff: 25.0% - Currently, there's a 25% additional tariff applied.
- Post-April 2025 Additional Tariff: 30.0% - Be aware that after April 2025, this additional tariff will increase to 30%.
- Total Tax: 55.0% - This is the combined effect of the basic tariff and the additional tariff.
3. Important Considerations & Recommendations
- Material Composition: The HS Code doesn't specify the material of the lens. Please double-check the material (e.g., glass, plastic, acrylic). While 9001.90.40.00 is likely correct, certain materials might have different classifications.
- Mounting: The code specifically refers to unmounted lenses. If your magnifying glass has a frame or is permanently attached to a handle, the HS Code might need to be revised.
- Single vs. Multiple Lenses: If the magnifying glass contains multiple lenses forming a complex system, this could affect the classification.
- Valuation: The declared value (single price) of the magnifying glass is crucial for tax calculation. Ensure the declared value is accurate and reflects the actual transaction price.
- Certification: Depending on the intended use of the magnifying glass (e.g., medical, safety), you might need specific certifications (e.g., CE marking, FDA approval). Please verify if any certifications are required for import into your destination country.
- Trade Agreements: Check if any trade agreements exist between China and your destination country that could reduce or eliminate tariffs.
Disclaimer: I am an AI assistant and this information is for general guidance only. Import regulations are complex and subject to change. It is always recommended to consult with a licensed customs broker or relevant authorities for accurate and up-to-date information specific to your situation.