[CR]Tariff rates for imports

(Example: Events:Cirque du Cyclisme:2004)

From: "The Maaslands" <TheMaaslands@comcast.net>
To: "CR" <Classicrendezvous@bikelist.org>
Date: Tue, 14 Mar 2006 23:54:15 -0500
Subject: [CR]Tariff rates for imports

As Phil Sieg found out, import duty can be levied on all imports. To see whether the item that you want to import is subject to duty, you can go to the harmonized tariff schedule. Most bikes and parts are categorized with the first 4 numbers 8712 through 8714. You can check out the exact duty rates here: http://hotdocs.usitc.gov/docs/tata/hts/bychapter/0601c87.pdf

The tariff is levied not only on the 'fair' value of the goods, but also on the cost of shipping and insurance. Generally the customs service will levy duty based upon the declared value, but if you declare what they think is a ridiculously low value, they are completely within their rights to determine the 'fair' value. Many bike parts, such as Q/R hubs, cotterless cranks, freewheels, brakes, alloy stems and derailleurs are free of duty when shipped by themselves, but when fitted to a 'bike' they are charged at the duty rate of the whole bike.

Steven Maasland
Moorestown, NJ