Analysis
HTS 9507.90.40 covers fishing casts or leaders under heading 9507 (fishing rods, fish hooks and other line fishing tackle; fish landing nets, butterfly nets…).
The general duty rate is 5.6% of the customs value, which is among the highest the rates in chapter 95 (94th percentile of 84 lines with an ad valorem rate). On a shipment valued at $10,000 that is $560 in duty before any Chapter 99 additions or preference claims.
Rates on the nearby lines range from 3.7% to 9%. The costliest confusion would be with 9507.90.80 (other, including parts and accessories: other, including parts and…) at 9%, a difference of 3.4 points on the customs value.
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 5.6%. 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. Reduced but not zero rates apply under some agreements: 2.8% for JP.
The column 2 rate, for countries without normal trade relations, is 55%, 9.8 times the general rate.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 9507.90.20 | Fishing line put up and packaged for retail sale | 3.7% |
| 9507.90.60 | Fish landing nets, butterfly nets and similar nets | 5% |
| 9507.90.70 | Artificial baits and flies | 9% |
| 9507.90.80 | Other, including parts and accessories: other, including parts and accessories | 9% |