HS 820551 Other hand tools (including glaziers' diamonds)

Import duty rates for HS code 820551 vary significantly by country and trade agreement. For example, under the US Harmonized Tariff Schedule (HTS), the Most Favored Nation (MFN) duty rate is 3.70% ad valorem. However, preferential rates may apply under trade agreements. Always consult the specific tariff schedule of the importing country for the most accurate and up-to-date rates. For instance, the EU's TARIC system and the UK's Trade Tariff will list different rates, potentially including preferential rates for goods originating from countries with trade agreements.

The duty for HS code 820551 is typically calculated on an ad valorem basis, meaning it's a percentage of the declared value of the goods. For example, if a shipment of hand tools classified under 820551 has a customs value of $10,000 USD and the MFN duty rate is 3.70%, the import duty would be calculated as: $10,000 (customs value) × 0.0370 (duty rate) = $370.00 USD. Some countries may also apply specific duties (per unit) or a combination of ad valorem and specific duties, so it's crucial to verify the exact duty calculation method for the destination country.

HS code 820551 covers 'Other hand tools, including glaziers' diamonds.' This classification is a residual category for hand tools not specifically listed in other headings within Chapter 82 of the Harmonized System. To fall under 820551, the tool must be: 1) operated by hand (not powered by electricity, internal combustion, etc.), 2) designed for manual use, and 3) not specifically enumerated in other HS codes (e.g., hammers, pliers, screwdrivers, wrenches, etc., which have their own codes). Glaziers' diamonds, used for cutting glass, are explicitly included. Importers should carefully review the Explanatory Notes to the Harmonized System for detailed guidance on the scope of this heading.

Standard documentation for importing hand tools under HS 820551 generally includes a commercial invoice detailing the value, quantity, and description of the goods; a packing list; and a bill of lading or air waybill. Depending on the importing country and the origin of the goods, a certificate of origin may be required to claim preferential duty rates under trade agreements. Some countries may also require specific safety or quality certifications, although these are less common for general hand tools unless they fall under specific product safety regulations. Always verify the specific requirements with the customs authority of the importing country.

The applicability of preferential duty rates for HS code 820551 depends entirely on the trade agreements in force between the exporting and importing countries. For example, if the goods originate from a country that is part of the USMCA (United States-Mexico-Canada Agreement), goods meeting the rules of origin might receive duty-free treatment or reduced rates when imported into the US, Canada, or Mexico. Similarly, goods imported into the EU might benefit from preferential rates under agreements like the EU's Free Trade Agreements with various countries. To benefit, importers must ensure they have a valid Certificate of Origin and that the goods meet the specific rules of origin stipulated in the relevant trade agreement. Consulting official sources like the USITC (for US tariffs), the EU TARIC database, or the UK Trade Tariff is essential for identifying applicable agreements and their requirements.