ANNOUNCEMENT 21 Sep 2016In September 2016, the government of the United States of America announced a change in import duties.
NUMBER OF INTERVENTIONS
U.S. Customs and Border Protection (CBP) announced a reclassification ruling in the September 21, 2016 edition of Customs Bulletin and Decisions that resulted in the elimination of duties on cranks and chain rings that are parts of bicycle cotterless-type crank sets. The item had previously been classified under HTSUS subheading 8714.99.8000 (10% duty), but CBP has ruled that they may be reclassified under HTSUS subheading 8714.96.50 and thus duty-free. China and Taiwan are the principal suppliers of this product. The final revocation and modification became effective for goods entered or withdrawn from warehouse for consumption on or after November 21, 2016.