Analysis
HTS 8483.50.60 covers other: flywheels under heading 8483 (transmission shafts (including camshafts and crankshafts) and cranks; bearing housings…).
Rates on the nearby lines range from 2.8% to 5.7%. The costliest confusion would be with 8483.50.40 (gray-iron awning or tackle pulleys, not over 6.4 cm in wheel diameter) at 5.7%, a difference of 2.9 points on the customs value.
The general duty rate is 2.8% of the customs value, which is above most the rates in chapter 84 (73rd percentile of 823 lines with an ad valorem rate). On a shipment valued at $10,000 that is $280 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 45%, 16.1 times the general rate.
Goods that qualify under GSP, the Australia FTA, the Automotive Products Trade Act, the Bahrain FTA, the civil aircraft agreement, and 14 others can enter duty-free instead of paying 2.8%. 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.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 8483.50.40 | Gray-iron awning or tackle pulleys, not over 6.4 cm in wheel diameter | 5.7% |
| 8483.50.90 | Other: other | 2.8% |