9902.15.24 - Rotary rock drill bits, each with cutting part containing by weight over 0.2 percent of chromium, molybdenum or tungsten or over 0.1 percent of vanadium (provided for in subheading 8207.19.30), designed for use with rock drilling and earth boring tools of heading 8430
Details
| Field | Value |
|---|---|
| Unit of Quantity | N/A |
| General Rate of Duty (Column 1 - General) | Free |
| Special Rate of Duty (Column 1 - Special) | No change |
| Column 2 Rate of Duty | No change |
| Quota Quantity | N/A |
| Additional Duties | N/A |
Overview
This HTS category, 9902.15.24, specifically covers rotary rock drill bits designed for use with rock drilling and earth boring tools falling under heading 8430. The defining characteristic of these drill bits is their cutting part, which contains specific alloys: either over 0.2 percent of chromium, molybdenum, or tungsten, or over 0.1 percent of vanadium. This precise metallurgical composition is crucial for their classification within this provision, referencing the more general classification found in subheading 8207.19.30.
Given the current node's position within Chapter 99, which deals with temporary legislation and modifications, it's important to understand that this provision likely represents a specific tariff modification or restriction that is not permanent. Unlike the broad agricultural and animal product categories found in the sibling branches starting with "0101," this category focuses on specialized industrial tooling with strict material content requirements. The intention is to track and potentially regulate the import of these high-performance drill bits due to their specific composition, which may be linked to trade agreements or other temporary measures.
As this is a leaf node within the HTS structure, there are no further subcategories. Classification at this level requires careful verification of the drill bit's intended use with heading 8430 equipment and precise confirmation of the alloy content in its cutting part against the specified percentages for chromium, molybdenum, tungsten, or vanadium.