HS 854232 Memories

The Most Favored Nation (MFN) duty rate for HS code 854232, covering 'Memories' (which includes semiconductor memory devices like RAM, ROM, EEPROM, Flash memory, etc.), is generally 0.00% in many major economies. For example, under the US Harmonized Tariff Schedule (HTS), the general rate is Free. The EU TARIC system also often shows a 0.00% duty rate for these goods. However, specific preferential rates under Free Trade Agreements (FTAs) or other trade programs may apply, and some countries may have higher rates, such as the 35% example provided, which could be a specific tariff rate quota or a punitive rate for certain origins. Always verify the applicable rate for the specific importing country and origin of goods.

The duty for HS code 854232 is typically calculated on an ad valorem basis, meaning it's a percentage of the declared customs value of the goods. For instance, if the MFN duty rate is 0.00%, the duty amount would be $0.00 regardless of the value. However, if a country applied a hypothetical 5% ad valorem duty on memories valued at $10,000, the calculation would be: 5% of $10,000 = $500.00. Some specific tariffs might also involve per-unit duties, but for 'Memories', ad valorem is most common. Always confirm the basis of duty calculation (ad valorem, specific, or compound) with the importing country's customs authority.

To be classified under HS 854232, goods must be semiconductor devices primarily designed for storing digital information. This includes volatile memory (like DRAM, SRAM) and non-volatile memory (like NAND Flash, NOR Flash, EEPROM, ROM). The key is their function as a memory unit within an electronic system. Devices that perform significant processing functions in addition to memory storage, or are integrated circuits with multiple functions where memory is not the predominant feature, might be classified elsewhere (e.g., under HS 854231 for processors or 854239 for other integrated circuits). Refer to the Explanatory Notes of the Harmonized System (WCO) and national tariff schedules for detailed guidance.

Standard documentation for importing HS 854232 'Memories' 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. Manufacturers' specifications or datasheets confirming the nature of the semiconductor memory device can also be helpful for customs verification. Importers should consult the specific requirements of the destination country's customs authority.

Trade agreements can significantly reduce or eliminate import duties for goods originating from member countries. For HS code 854232, if the 'Memories' are certified as originating from a country party to a Free Trade Agreement (e.g., USMCA for North America, or an FTA between the EU and another country), they may qualify for preferential duty rates, often 0.00%, even if the standard MFN rate is higher or subject to other conditions. To claim these benefits, importers must typically provide a valid Certificate of Origin demonstrating that the goods meet the rules of origin stipulated in the agreement. Always verify the specific rules of origin and preferential tariff treatment for the relevant trade agreement and importing country.