HTS code lookup: How to Calculate Duties & Tariffs for U.S Imports?

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Supplyia Sourcing

Supplyia Sourcing

Күн бұрын

Пікірлер: 31
@RawviaRobotics
@RawviaRobotics Ай бұрын
Fantastic video, thank you!
@adrianacv727
@adrianacv727 3 жыл бұрын
Thank you so much for such valuable information. Great video!! I've learned a lot!
@ameen1480
@ameen1480 3 жыл бұрын
Very comprehensive. Thank you
@goldguard2k
@goldguard2k 2 жыл бұрын
This is a really helpful video. But I think for the example starting at 14:00min the hts code you mean to put down is suppose to be 66011000
@saveriotranquilli929
@saveriotranquilli929 3 жыл бұрын
Excellent explanation!! Thank you!
@ShopperPlug
@ShopperPlug 3 жыл бұрын
This is random but relevant in some sense, this "HTS" and "HS" code reminds of website's user login passwords are hashed and then "salted" and "peppered". It's like the 6 Digit "HTS" code is the password and is "Salted" with the 4 digit country code, so the same password has different hash values. lol 10:55 - This is interesting, this is really a great tool for buying profitable product from certain countries. Is the commercial value considered as the price sold to the importer by the manufacturer or is the commercial price is what being sold to the individual buyers in USA for a profit? Thank You this was extremely useful and helpful.
@quochungtran7936
@quochungtran7936 2 жыл бұрын
Very helpful video. Thank you very much!
@wojciech9965
@wojciech9965 3 жыл бұрын
Thank you for creating great content😉 Do you think there is a demand amongst amazon sellers and importers to get the right HS code? Creating such service would fit the market? Thank you for your response :)
@tru432
@tru432 Жыл бұрын
What is custom duty and other charges on basmati rice if imported from Pakistan to USA???
@lidiapopovska1609
@lidiapopovska1609 3 жыл бұрын
Hi. I've located the HTS code that was given to me by my manufacturer on the ITC site. What does it mean when the duty section has no information? Not even the wording free. Thank you.
@SmokedA
@SmokedA 2 жыл бұрын
Usually means that no duties or tariffs apply to that product.
@romanloboda2296
@romanloboda2296 Жыл бұрын
I appreciate you sharing your experience! I have simple software solution to address the problem of HTS code classification, and your situation caught my interest. If it's alright with you, I would be delighted to learn more about how you successfully addressed the problem and any obstacles you faced throughout the process. Your valuable insights would greatly contribute to the ongoing development of the software. Once again, thank you for sharing your story, and I eagerly await your response.
@Tbeeks
@Tbeeks 2 жыл бұрын
How do you know when the tariff was issued
@nanoyachtllc6335
@nanoyachtllc6335 2 жыл бұрын
HEY, WHAT IS IT MEANS WHEN THERE'S NOTHING SHOWING UP ON THE HTS PAGE WITH GENERAL AND SPECIAL
@RealityHurts923
@RealityHurts923 3 жыл бұрын
I just wanted a $35 hat on ebay being shipped from the UK to USA. It says I may be subject to custom fees. This seems like such a hassle
@ty_bao9472
@ty_bao9472 Жыл бұрын
No, personal items under 2500$ will be exempted from customs duties.
@benhaynes1153
@benhaynes1153 3 жыл бұрын
Is there a difference between tariff and duty or are they pretty much the same thing as it pertains to importing from China to the US?
@supplyia
@supplyia 3 жыл бұрын
The key difference between Duty vs Tariff is that Duty is the tax that is imposed by the government on the goods and services that are manufactured and sold within a country as well as on the goods and services that are imported from another country, whereas, tariff is imposed by the government only on the goods or services imported between different countries to protect the business of domestic manufacturers and suppliers by reducing the level of competition.
@joshsmithers7337
@joshsmithers7337 3 жыл бұрын
If the value is less that $800 do you need to pay a tariff if there is a tariff for that HTS code or is a tariff part of the duty and only paid when the import is over $800? Thank you!
@supplyia
@supplyia 3 жыл бұрын
This is true for most products. Just a small number of special products may still need to be paid for. the forwards will give you the exact answer according to your HTS.
@supplyia
@supplyia 3 жыл бұрын
HTS Search: hts.usitc.gov/ shortcuk link: ustr.gov/issue-areas/enforcement/section-301-investigations/search LIST 1 25% in effect since 2018 LIST 2 25% in effect since 2018 LIST 3 25% in effect since 2018 LIST 4a 7.5 % new in effect since 2020.02.14 LIST 4b 15% The tariff was suspended Until Further Notice
@tomstexasrealty
@tomstexasrealty 5 ай бұрын
How would you know if your product has been granted an exclusion from one of these lists?
@rayrivera2541
@rayrivera2541 3 жыл бұрын
this may sound weird, but if the duty says free... how would this all work? you started with the duty free example...but moved on to the 6.50% .. so that threw me off.. the product I'm looking at 8711.60.00, says free and list 2 (when I use your link...) any help figuring this out...? the price of the product is 1,970 and just getting one.... I don't think I'm just adding the MPF + HMF... that's 47.14... seems very little... I feel like I'm missing something.
@supplyia
@supplyia 3 жыл бұрын
Hi Ray, Don't forget to look at this symbol “/_ ” behind the free. List 2 means you have to pay tariffs (LIST 2 25% in effect since 2018)
@sabzamful
@sabzamful 3 жыл бұрын
Do i need to pay any VAT with the duty..?
@supplyia
@supplyia 3 жыл бұрын
When goods are imported into a country with a VAT regime, import VAT is charged as a percentage of the value of the imported goods. In addition to the VAT, customs duties will also be payable, depending on the type of goods. Once the import responsibilities are agreed, the IOR must pay duties and import VAT on the shipment at the time of import. The duties element is a sunk cost, but import VAT is always recoverable.
@supplyia
@supplyia 3 жыл бұрын
However, my ideas are all suggestions. You need to ask your agent for specific information
@Al-rm6iz
@Al-rm6iz 2 жыл бұрын
Thank you for posting this video. I am bringing machinery to the US from Great Britain. The vendor sent me HS 84639000, but my broker insists that she can’t work with that number to clear the shipment from customs. It’s obviously missing two digits, but I thought a broker would know what to do with the HS provided and the invoice for the shipment. It’s probably an easy solution but I’m afraid to give the broker the wrong information. The machine and parts are for working metal. Any advise?
@supplyia
@supplyia 2 жыл бұрын
Did you ask the seller to get the right HS?
@Al-rm6iz
@Al-rm6iz 2 жыл бұрын
@@supplyia The seller insists that the number is 84639000. I guess I just need to figure out the last two digits?
@romanloboda2296
@romanloboda2296 Жыл бұрын
Thank you for sharing your experience! I have a simple software solution to help look up HTS codes, and your situation caught my attention. If you don't mind, I would love to hear more about how you ultimately resolved the issue and any challenges you encountered along the way. Your insights would be extremely valuable as I continue developing the software. Thank you again for sharing your story, and I look forward to your response.
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