Go to ...

LaredoBuzz.Com

Laredo, Texas

RSS Feed

Friday, May 17, 2024

CBP Advises Importers of Additional 35 Percent Ad Valorem Duties on Chinese Tires


 

Courtesy Richard Pauza, 

WASHINGTON – U.S. Customs and Border Protection’s Office of International Trade today announced to the trade community plans to assess an additional 35 percent ad valorem duty on certain tires of Chinese origin entered or withdrawn from warehouses on or after September 26, 2009.

 On September 11, President Obama signed Proclamation 8414 imposing additional duties on certain passenger vehicle and light truck tires from China for three years.  The additional duty is 35 percent ad valorem the first year, 30 percent ad valorem the second year and 25 percent ad valorem the third and final year.  This duty is in addition to the general rate provided in column one of the Harmonized Tariff Schedule of the United States (HTSUS). 

 A new U.S. note, number 14, and two new subheadings, 9903.40.05 and 9903.40.10 are added to Subchapter III of chapter 99, Temporary Modifications Established Pursuant To Trade Legislation of the HTSUS, to collect the additional duty.

 Specifically, the tires subject to this additional duty are new pneumatic rubber tires, from China, of a kind used on motor cars (except racing cars) and on-the-highway light trucks, vans, and sport utility vehicles and are, generally, to be mounted onto the rims of passenger cars, sport utility vehicles, vans, and light trucks.  These tires are classified in subheadings 4011.10.10, 4011.10.50, 4011.20.10, or 4011.20.50, HTSUS.

 The following tires are not subject to the additional duty:  pneumatic racing car tires, new pneumatic tires of a kind used on large trucks and buses; new pneumatic tires of a kind used on agricultural or forestry vehicles and machines and construction or industrial handling vehicles or machines; new pneumatic tires of a kind used on aircraft, bicycles, motorcycles, trailers, all-terrain vehicles, and vehicles for turf, lawn and garden, and golf applications; pneumatic tires that are not new, including recycled and retreaded tires; and non-pneumatic tires, such as solid rubber tires.

Leave a Reply

Your email address will not be published.

About admin