8481

Analysis

Heading 8481 of the Harmonized Tariff Schedule covers taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof. It divides into 6 six-digit subheadings and 14 eight-digit tariff lines, with 61 ten-digit statistical suffixes below them.

1 of its 14 lines with a percentage rate are duty-free at the general rate (7%) and 13 are dutiable, from duty-free up to 5.6%. The median line pays 3%.

The spread of 5.6 percentage points between the cheapest and dearest lines makes misclassification expensive here. The highest rate, 5.6%, applies to 8481.80.30 (hand operated: of iron or steel).

Its median rate of 3% sits at the 76th percentile of the headings in chapter 84.

The largest subheadings are 8481.80 (other appliances, 4 lines), 8481.90 (parts, 4 lines), 8481.30 (check (nonreturn) valves, 3 lines) and 8481.10 (unnamed, 1 line).

By Census's concordance, most of its statistical lines are made by Industrial Valve Manufacturing (332911), Fluid Power Valve and Hose Fitting Manufacturing (332912) and Other Metal Valve and Pipe Fitting Manufacturing (332919). Those are the NAICS industries a US producer of these goods would report under.