US Tariff Ruling N297495 = 2.6% mandatory tariff on bitcoin mining hardware - page 10.

ccgllc

copper member

Activity: 658

Merit: 101

Math doesn't care what you believe.

Quote from: Blokforge on September 14, 2018, 04:58:38 PM

We have the same retroactive corrections, six figures as well, cant fight in court. At the end of the day, if you import, its your job to know what hts code to use, and correct the import docs if incorrect. The ruling is only technically a clarification of a status that already existed.

This is a huge cash grab now for the gov, they will eventually hit every import from bitmain ever.

Yeah, I'm only going to owe a few thousand, but that still sucks bigtime. Fortunately I've already sworn off of buying anything from Bitmain, which was reconfirmed in my mind when they started all this KYC stuff.

From now on, I'll only order from Blokforge and let you guys deal with CBP.

Am rather curious if they are going to hit me for smaller orders, or just called this one out since it was for over $100K worth of gear (back then...).

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

For the 25% tariff.

NotFuzzyWarm

legendary

Activity: 3752

Merit: 2667

Evil beware: We have waffles!

Relief applications for what: CBP's retroactively charging more import duty and seeking/getting the new duty owed from shipping brokers who of course seek compensation from the final recipient of the miners? As I said earlier,

Quote

Going back to at least 2014, U.S. CBP has accepted import of miners using those codes which of course reinforced shippers and their brokers continued use of those codes.

Is there any record of CBP previously disputing the fees paid under the old classification and collecting the 2.6% instead?

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: minefarmbuy link=topic=5028276.msg46005459#msg46005459 dkte=1537572519

Seems we've working on a loophole but put those relief applications in. Still will be much higher than 2.6%.

So again this is for big shippers? or are they gonna come after everyone since 2015 who got a $2.5k miner or so?

curious

not much I can do about it but pay, assuming they bother to look, I'd also bet money it is the carriers like fed ex and ups

that actually are doing the calculations...no way enough bureaucrats

so if you had 50k of equipment you'd pay a catchup of 2.6% or about $1.300 USD retroactively to the shippers for not following

the 2015 rules sheesh

brad

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Seems we've working on a loophole but put those relief applications in. Still will be much higher than 2.6%.

NotFuzzyWarm

legendary

Activity: 3752

Merit: 2667

Evil beware: We have waffles!

Quote from: suchmoon on September 20, 2018, 10:08:59 PM

What if you build a mining farm inside FTZ and the miners never leave it? Not sure if there are any FTZs next to cheap hydro power though.

Now hosting in Canada seems more appealing than ever.

That would certainly get around the 2.6% import duty but I doubt would bypass the 25% MIC tariff.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: NotFuzzyWarm on September 20, 2018, 08:15:25 PM

As I recall, FTZ's cannot be used as import hubs. They are manufacturing zones and materials/parts coming into them get duty reductions/eliminations. Items produced in them and then sold in this country can be produced cheaper because materials costs are cheaper. By Treaty, items produced in FTZ's that are then exported get the same duty reductions/eliminations upon import into other countries that are part of the trade agreements. Not sure about Tariff's tho I'd think they may also be reduced on a case-by-case basis.

What if you build a mining farm inside FTZ and the miners never leave it? Not sure if there are any FTZs next to cheap hydro power though.

Now hosting in Canada seems more appealing than ever.

NotFuzzyWarm

legendary

Activity: 3752

Merit: 2667

Evil beware: We have waffles!

As I recall, FTZ's cannot be used as import hubs. They are manufacturing zones and materials/parts coming into them get duty reductions/eliminations. Items produced in them and then sold in this country can be produced cheaper because materials costs are cheaper. By Treaty, items produced in FTZ's that are then exported get the same duty reductions/eliminations upon import into other countries that are part of the trade agreements. Not sure about Tariff's tho I'd think they may also be reduced on a case-by-case basis.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: ?? on ??

Would this work?
http://edawn.org/wp-content/uploads/2016/07/Foreign-Trade-Zone-Overview.pdf

Looks like Douglas County in Nevada has free zone for import?
Maybe I am wrong?

Well you could store gear there. Parts etc and not pay while they are stored.

So it looks like it could be helpful.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

We're in the argument that a consumer shouldn't be charged duties (to a point). Not Joe Shmo's fault production isn't in their country in a global economy. Then retaliatory tariffs are what will hurt consumers and just annoy retailers and manufacturing having to up pricing, alter budgets, or trim to meet them.

2.6% is a non factor but a 25% tariff will be. I'd apply for relief if you haven't.

NotFuzzyWarm

legendary

Activity: 3752

Merit: 2667

Evil beware: We have waffles!

Quote from: Maxumark on September 15, 2018, 09:18:48 PM

I did go through FedEx and they are the ones who sent me the notice of the reclassification and additional fees due.

Again, Disclaimer: I am NOT a lawyer!
Personally I would dispute this with the broker and CPB because:
The original shipper and their brokers are who determined which Harmonized Shipping Code to use. We end purchasers have no input on that so how is their screw-up our responsibility?.

Going back to at least 2014, U.S. CBP has accepted import of miners using those codes which of course reinforced shippers and their brokers continued use of those codes.

For large customers, if there were Federal actions underway to re-classify miners, did the brokers at least inform said customers of possible additional fees being levied?

Again, to me I feel the end purchasers should not be liable in any way as this seems to be strictly between the shippers/brokers and CBP. One or all of them screwed up and they are the ones that should pay what's due or ideally the CBP should just eat the previous losses and simply state that starting on such-and-such date all incoming miners fall under the new classifications.

Final customers should be held harmless for this kerfuffle as we had zero input to what happened.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

This would be exemption from the new tariffs not the ruling someone "requested".

FYI to the ******* who writes a letter asking what the classification is, you're supposed to tell them by arguing a case. smh.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: ?? on ??

Did anyone requested this?
h t t p : / / w w w.autonews.com/article/20180706/OEM01/180709781/u.s.-sets-90-day-deadline-to-request-exemptions-from-china-tariffs

don't think that applies to fees for the ASIC's (others?)

Blokforge

member

Activity: 97

Merit: 35

Quote from: ?? on ??

What is total tariff for importing China ASIC miners to the US?
25% or 2%?

2.6% plus 25% total of 27.6%

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: VRobb on September 16, 2018, 01:01:01 PM

It was anything over US$2500 was subject to tariff before, I guess it's the same only the percentage changed.

So all the way back to 2015 this goes? sh*t at say 100k that is $2,600 bucks. FML.

VRobb

hero member

Activity: 1610

Merit: 538

I'm in BTC XTC

It was anything over US$2500 was subject to tariff before, I guess it's the same only the percentage changed.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

So what is considered a big order? 4/8/12/16 etc? Or do you have to be designated an importer of mass quantities to be in this boat?

Thetaj

full member

Activity: 402

Merit: 116

you guys have it lucky. We pay 15% tax on all miners here in shitbiscuit land.

Maxumark

full member

Activity: 159

Merit: 108

Quote from: NotFuzzyWarm on September 14, 2018, 08:19:24 PM

That is all very true however all large orders are going through import/export brokers or damn well should be for this very reason. It is the responsibility of a brokerage to ensure all applicable codes and fees are correct. When FedEx/UPS/DHL/etc tack on broker fees that is the service you are paying for. As such in my book if CBP wants retroactive fees - go after the brokerages that customers paid to do their jobs right.

forgot about the 'no terminal' subclass. edited post.

I did go through FedEx and they are the ones who sent me the notice of the reclassification and additional fees due.

NotFuzzyWarm

legendary

Activity: 3752

Merit: 2667

Evil beware: We have waffles!

Quote from: Maxumark on September 14, 2018, 04:18:05 PM

Well it appears to me that the new clarification of the classification of the miners is what is causing the additional import fees.

Even before the new 4/26/2018 to 12/31/2050 for 85437099 clasification, the old one from 7/1/2016 to 4/25/2018 under this 85437099 classification the import duties were the 2.6%

Its that now they are starting to understand what this equipment is and reclassifying it retroactively on new understandings.
-M

That is all very true however all large orders are going through import/export brokers or damn well should be for this very reason. It is the responsibility of a brokerage to ensure all applicable codes and fees are correct. When FedEx/UPS/DHL/etc tack on broker fees that is the service you are paying for. As such in my book if CBP wants retroactive fees - go after the brokerages that customers paid to do their jobs right.

forgot about the 'no terminal' subclass. edited post.

Topic: US Tariff Ruling N297495 = 2.6% mandatory tariff on bitcoin mining hardware - page 10. (Read 26766 times)