HS 847050 Cash registers

Import duty rates for HS code 847050, classified as 'Cash registers, including calculating-listing machines; typewriters and other word-processing machines; machines for the transmission or reception of voice, images or other data, including such machines for telecommunication networks and apparatus for the transmission or reception of voice, images or other data, including such machines for telecommunication networks other than focusing apparatus of heading 8528', vary significantly by country. For example, under the US Most Favored Nation (MFN) tariff, the duty rate is 0.00%. In the European Union, under the TARIC system, the rate is also often 0.00% for most origins. However, other countries may have higher rates; for instance, some developing countries might apply rates up to 35% ad valorem. It is crucial to consult the specific tariff schedule of the importing country for the applicable duty rate.

The duty for HS code 847050 is typically calculated on an ad valorem basis, meaning it is a percentage of the declared customs value of the goods. For example, if a shipment of cash registers has a declared customs value of $10,000 USD and the applicable duty rate is 3.5% ad valorem, the duty amount would be calculated as: $10,000 (Value) × 0.035 (Duty Rate) = $350 USD. In some cases, duties might be calculated based on a combination of value and quantity (e.g., per unit), but for cash registers, ad valorem is most common. Always verify the basis of duty calculation in the importing country's tariff.

To be classified under HS code 847050, goods must primarily function as cash registers. This means they are machines designed to record sales transactions, calculate totals, and often dispense receipts. Key features include a keyboard for inputting transaction details, a display for showing amounts, and a mechanism for printing receipts. While modern cash registers may incorporate computing functions, their principal purpose must remain the recording and totaling of sales. Machines that are primarily computers or point-of-sale (POS) systems with extensive inventory management or networking capabilities, and where the cash register function is secondary, might be classified elsewhere, potentially under heading 8471 (automatic data processing machines).

While specific documentation can vary by importing country, standard requirements for importing goods under HS code 847050 typically include a commercial invoice detailing the value, quantity, and description of the cash registers; a packing list; and a bill of lading or air waybill. Depending on the origin and destination, a certificate of origin may be required to claim preferential duty rates. Importers should also be aware of any potential product-specific regulations, such as safety certifications (e.g., CE marking in the EU, FCC compliance in the US) or import licenses, although these are less common for standard cash registers than for more complex electronic equipment. Consulting the customs authority of the importing country is recommended.

Yes, trade agreements can significantly impact duty rates for HS code 847050. For example, under the United States-Mexico-Canada Agreement (USMCA), goods originating from Canada or Mexico may benefit from duty-free entry into the United States, provided they meet the rules of origin. Similarly, the European Union has numerous trade agreements with partner countries that can reduce or eliminate duties on originating goods. To benefit from preferential rates, importers must ensure the cash registers meet the specific rules of origin stipulated in the relevant trade agreement and possess the necessary proof of origin documentation, such as a certificate of origin.