Analysis
HTS 8467.21.00 covers drills of all kinds under heading 8467 (tools for working in the hand, pneumatic, hydraulic or with self-contained electric or…). US Customs collects import statistics for it under 4 ten-digit suffixes, reported in number of items.
Rates on the nearby lines range from duty-free to 4.5%. The costliest confusion would be with 8467.19.10 (suitable for metal working) at 4.5%, a difference of 2.8 points on the customs value.
The general duty rate is 1.7% of the customs value, which is in the middle of the rates in chapter 84 (62nd percentile of 823 lines with an ad valorem rate). On a shipment valued at $10,000 that is $170 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 35%, 20.6 times the general rate.
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 1.7%. 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.
Statistical suffixes
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 8467.11.10 | Suitable for metal working | 4.5% |
| 8467.11.50 | Rotary type (including combined rotary-percussion): other | Free |
| 8467.19.10 | Suitable for metal working | 4.5% |
| 8467.19.50 | Other: other | Free |
| 8467.22.00 | With self-contained electric motor: saws | Free |
| 8467.29.00 | With self-contained electric motor: other | Free |
| 8467.81.00 | Other tools: chain saws | Free |
| 8467.89.10 | Suitable for metal working | Free |
| 8467.89.50 | Other: other | Free |
| 8467.91.01 | Parts: of chain saws | Free |
| 8467.92.00 | Of pneumatic tools | Free |
| 8467.99.01 | Parts: other | Free |