Question 1

What is the duty rate for composite good containing flexible magnets?

Accepted Answer

The general duty rate for HTS code 8505.19.20.00 (Composite good containing flexible magnets) is 4.9%. Additional tariffs may apply depending on the country of origin, including Section 301, reciprocal, and Section 232 tariffs.

Question 2

What is HS code 8505.19.20.00?

Accepted Answer

HS code 8505.19.20.00 classifies "Composite good containing flexible magnets" under Chapter 85 (Electrical Machinery and Equipment). This code is used for U.S. customs classification and duty assessment.

Question 3

Does composite good containing flexible magnets have Section 301 tariffs?

Accepted Answer

Yes, composite good containing flexible magnets (HS 8505.19.20.00) is subject to Section 301 tariffs of 25% when imported from China.

8505.19.20.00

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