Nickel-Iron Battery Importing: Difference between revisions

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=Tariff vs Duty=
=Tariff vs Duty=
*https://www.wallstreetmojo.com/duty-vs-tariff/
*https://www.wallstreetmojo.com/duty-vs-tariff/
*This one says import duty is only $340 [https://www.simplyduty.com/import-calculator/]


=Import Duty=
=Import Duty=

Revision as of 18:57, 4 March 2021

Tariff vs Duty

Import Duty

  • Calculator online - [6]
  • If tariff on batteries is 7.5%, that makes overall import cost 45% of FOB cost.

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  • Code for nickel-iron batteries is 8507.80.81 - "8507.80.81 Other storage batteries nesi, other than of a kind used as the primary source of power for electric vehicles". HTS (Harmonized Tariff Schedule) code lookup says 3.5% - [7]