Analysis
HTS 0714.40.20 covers taro (Colocasia spp.): frozen under heading 0714 (cassava (manioc), arrowroot, salep, Jerusalem artichokes, sweet potatoes and similar…).
Neighbouring lines carry rates from duty-free to 8.3%, so the exact line matters. The widest gap is with 0714.40.50 (in the form of pellets), at duty-free: a product that belongs there but is entered here, or the reverse, changes the duty by 6 percentage points.
Goods that qualify under GSP, the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, and 12 others can enter duty-free instead of paying 6%. It is also eligible under GSP, the developing-country programme, which Congress has to renew; check whether GSP is in force on the entry date.
The general duty rate is 6% of the customs value, which is in the middle of the rates in chapter 07 (37th percentile of 91 lines with an ad valorem rate). On a shipment valued at $10,000 that is $600 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 35%, 5.8 times the general rate.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 0714.40.10 | Taro (Colocasia spp.): fresh or chilled | 2.3% |
| 0714.40.50 | In the form of pellets | Free |
| 0714.40.60 | Other: other | 8.3% |