Analysis
HTS 9507.30.40 covers valued over $2.70 but not over $8.45 each under heading 9507 (fishing rods, fish hooks and other line fishing tackle; fish landing nets, butterfly nets…).
The general rate is 24¢ each, a specific or compound duty rather than a simple percentage, so the effective burden depends on the unit value of the goods: cheap goods pay proportionally more than expensive ones. Importers usually convert it to an ad valorem equivalent to compare it with other lines.
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 24¢ each. 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 9507.30.20 (valued not over $2.70 each, 9.2%), 9507.30.60 (valued over $8.45 each, 3.9%) and 9507.30.80 (parts and accessories, 5.4%).
Census statistics map these goods to NAICS 339920 (Sporting and Athletic Goods Manufacturing), an industry of 1,662 US establishments employing 39,073 people, the industry a domestic producer of these goods reports under.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 9507.30.20 | Valued not over $2.70 each | 9.2% |
| 9507.30.60 | Valued over $8.45 each | 3.9% |
| 9507.30.80 | Parts and accessories | 5.4% |