Analysis
HTS 7415.33.10 covers muntz or yellow metal bolts under heading 7415 (nails, tacks, drawing pins, staples (other than those of heading 8305) and similar…).
The general duty rate is 1.4% of the customs value, which is at the low end of the rates in chapter 74 (29th percentile of 89 lines with an ad valorem rate). On a shipment valued at $10,000 that is $140 in duty before any Chapter 99 additions or preference claims.
Rates on the nearby lines range from 3% to 3%. The costliest confusion would be with 7415.33.80 (screws, bolts and nuts: other screws and bolts; nuts) at 3%, a difference of 1.6 points on the customs value.
Goods that qualify under GSP, the Australia FTA, the Automotive Products Trade Act, the Bahrain FTA, the Chile FTA, and 13 others can enter duty-free instead of paying 1.4%. 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 other lines in the same group are 7415.33.05 (screws, bolts and nuts: screws for wood, 3%) and 7415.33.80 (screws, bolts and nuts: other screws and bolts; nuts, 3%).
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7415.33.05 | Screws, bolts and nuts: screws for wood | 3% |
| 7415.33.80 | Screws, bolts and nuts: other screws and bolts; nuts | 3% |