Analysis
HTS 8458.99.10 covers vertical turret lathes under heading 8458 (lathes (including turning centers) for removing metal). US Customs collects import statistics for it under 2 ten-digit suffixes, reported in number of items.
The general duty rate is 4.2% of the customs value, which is above most the rates in chapter 84 (86th percentile of 823 lines with an ad valorem rate). On a shipment valued at $10,000 that is $420 in duty before any Chapter 99 additions or preference claims.
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 4.2%. 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.
For statistics it divides in two: 8458.99.10.10 for used or rebuilt and 8458.99.10.50 for other. Both pay the same duty; the suffix records which kind was imported.
The column 2 rate, for countries without normal trade relations, is 30%, 7.1 times the general rate.
Statistical suffixes
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 8458.11.00 | Numerically controlled | 4.4% |
| 8458.19.00 | Horizontal lathes: other | 4.4% |
| 8458.91.10 | Vertical turret lathes | 4.2% |
| 8458.91.50 | Numerically controlled: other | 4.4% |
| 8458.99.50 | Other: other | 4.4% |