Page one of the thread here has the correct ruling.
thanks
Topic: US Tariff Ruling N297495 = 2.6% mandatory tariff on bitcoin mining hardware - page 8. (Read 26766 times)
November 02, 2018, 11:11:16 PM
thanks
November 02, 2018, 05:31:48 AM
Does anyone know the laws in regards to used miners? Do you pay based off of what you paid for the miner or is it a set fee per miner [same price as if it was new]?
you talking US now? that seems greyish to me
November 02, 2018, 03:23:25 PM
A buddy of mine says that FED EX informed him of the proper codes for ASIC miners. Just saying. I'll see if I can get that code he was told and post it on here.
brad
brad
Page one of the thread here has the correct ruling.
November 02, 2018, 11:48:49 AM
Does anyone know the laws in regards to used miners? Do you pay based off of what you paid for the miner or is it a set fee per miner [same price as if it was new]?
A buddy of mine says that FED EX informed him of the proper codes for ASIC miners. Just saying. I'll see if I can get that code he was told and post it on here.
brad
October 27, 2018, 06:08:55 AM
Question:
Does anyone know how we should classify our digital mining equipment that *IS* programmable? Our company will be soon be delivering miners and PCIe cards that are specialized ASICs, but they are programmable just like a GPU, only 20 times faster. They are highly optimized SoC's for mining, but are certainly not limited to that function. They could be repurposed for other tasks like AI learning. These are not FPGAs or anything that any customs officer would recognize however. It is an entirely new programmable fabric, and obviously we would like to avoid any tariffs when importing the USA.
After reading this ruling, it seems that it does not apply to programmable equipment. Does anyone know what tariff code should be used in this case?
Thanks for any advice.
Does anyone know how we should classify our digital mining equipment that *IS* programmable? Our company will be soon be delivering miners and PCIe cards that are specialized ASICs, but they are programmable just like a GPU, only 20 times faster. They are highly optimized SoC's for mining, but are certainly not limited to that function. They could be repurposed for other tasks like AI learning. These are not FPGAs or anything that any customs officer would recognize however. It is an entirely new programmable fabric, and obviously we would like to avoid any tariffs when importing the USA.
After reading this ruling, it seems that it does not apply to programmable equipment. Does anyone know what tariff code should be used in this case?
Thanks for any advice.
October 28, 2018, 03:20:45 PM
Does anyone know the laws in regards to used miners? Do you pay based off of what you paid for the miner or is it a set fee per miner [same price as if it was new]?
Laws? I imagine your just asking if duties apply to import of used products? Yes, same as if new but still only regarding the purchase value. Make sure there is an invoice accompanied inside the package and communicate proper rulings.
October 28, 2018, 02:29:56 PM
Does anyone know the laws in regards to used miners? Do you pay based off of what you paid for the miner or is it a set fee per miner [same price as if it was new]?
good luck with that answer.
but whatever you do don't ask the USA government that question.
October 27, 2018, 02:24:45 AM
Does anyone know the laws in regards to used miners? Do you pay based off of what you paid for the miner or is it a set fee per miner [same price as if it was new]?
October 25, 2018, 10:07:31 AM
Hi, we need to solicit help for descriptions of an assembled miner and their control boards. We have a good description of the actual chips and some parts but most of the documentation we find is lacking a bit for our taste to present to the CBP. We want ensure our submissions are thorough.
Outside of aesthetics of housing, fan and asic chips, more details on the guts will be helpful.
For the control board we need a overview of function and materials used.
Appreciate the help and thank you to those who have donated. We're really thankful this hasn't impacted our small team to severely or service to end users. Our plan is to work through materials, parts, then backwards on units from most current across all known and verified units from china.
Outside of aesthetics of housing, fan and asic chips, more details on the guts will be helpful.
For the control board we need a overview of function and materials used.
Appreciate the help and thank you to those who have donated. We're really thankful this hasn't impacted our small team to severely or service to end users. Our plan is to work through materials, parts, then backwards on units from most current across all known and verified units from china.
October 15, 2018, 02:04:24 PM
We'll be drafting filings for exemptions across a number HTSUS rulings to be delivered before 12/18/18 deadline. Cost is fairly substantial in five digit range. We'd ask for donations but don't want to presume that our most used rulings will be granted exemption. If you like you can DM me for information on donations. Otherwise if you're a current buyer a portion of our commission charge will be routed to these efforts.
Wishing us all luck.
Wishing us all luck.
October 08, 2018, 01:48:24 PM
Looks good. What did FedEx charge for customs support?
.3464% processing fee + $25.67
October 08, 2018, 01:14:30 PM
Just for the record for everyone, I've received a bill for both 25% under 9903.88.02 and 2.6% under 8543.70.9960 via FedEx for an order of 18 x S9j with an import date of 9/15/18.
Looks good. What did FedEx charge for customs support?
October 08, 2018, 12:52:51 PM
Just for the record for everyone, I've received a bill for both 25% under 9903.88.02 and 2.6% under 8543.70.9960 via FedEx for an order of 18 x S9j with an import date of 9/15/18.
October 04, 2018, 07:34:56 AM
If no relief is found by the new year then USA-based miners will almost undoubtedly miss out on the wave of next generation machines. I know that there isn't a single next-gen machine that, priced as they are today, is profitable in a year in terms of pure BTC return of capital for me (I have free power...). I will say that the 921 is an exception at the $1049 price point, yielding a 0.01BTC profit after 12 months with free power.
October 04, 2018, 12:43:11 AM
That brings up an interesting query: Do the new 25% tariffs apply to any miner-related components made in China? eg, inductors, resistors, caps, etc. I know they apply to a helluva lot of optical components and laser diodes.
If they do (or in the future, can) how it could effect Non-China based companies that offshore production to China? CoilCraft (US owned) comes to mind for one, they make high current inductors as seen on all hash boards. Wonder if they would be exempt?
If they do (or in the future, can) how it could effect Non-China based companies that offshore production to China? CoilCraft (US owned) comes to mind for one, they make high current inductors as seen on all hash boards. Wonder if they would be exempt?
It's possible you could include the components into the same ruling as BF posted a page or so back as it addresses accessories and parts as part of the ruling. Off shore manufacturing is ruled the same as regardless of there the company is based. Nike makes footwear in China, shoes are still imported and subject to duties (for example, not sure what footwear rates would be).
So I have been working with a customs attorney on this situation and from what we understand is components are not a part of the tariff.
For example, if china ships the individual cats that form Voltron to Canada. If they are reshipped to the USA as is they would face the tariff. If you combined the units into Voltron and shipped Voltron over, you would not be subject to the tariff because the product is materially different from the way it left China.
For example, if china ships the individual cats that form Voltron to Canada. If they are reshipped to the USA as is they would face the tariff. If you combined the units into Voltron and shipped Voltron over, you would not be subject to the tariff because the product is materially different from the way it left China.
Components are part of the new tariff, but as you describe if assembly is done outside of China prior to import would only be subject to the 2.6% not the additional 25% if a full "ADP machine". The real move would be to manufacture components in such a way outside of China as to bring them still into the US as a component, would alleviate any duty if classified correctly.
So assembly of the cats in CAN, then importing the cats into the US to form Voltron, to fit the example given. Of course receiving exemption makes all this effort null and still reduces costs for all parties keeping chains developed intact. Worst case this example would fill the bill if exemption is not approved. Our biggest argument is the fact that the US would be reducing, delaying progress and traction we've gained in the mining arena in what is billions of dollars of potential revenue.
October 03, 2018, 04:56:21 PM
That brings up an interesting query: Do the new 25% tariffs apply to any miner-related components made in China? eg, inductors, resistors, caps, etc. I know they apply to a helluva lot of optical components and laser diodes.
So I have been working with a customs attorney on this situation and from what we understand is components are not a part of the tariff.
For example, if china ships the individual cats that form Voltron to Canada. If they are reshipped to the USA as is they would face the tariff. If you combined the units into Voltron and shipped Voltron over, you would not be subject to the tariff because the product is materially different from the way it left China.
October 03, 2018, 03:16:12 PM
No, we're US based. Essentially the tariffs are to "enhance" US production, being there are only a couple manufacturers in the states having their support will bolster our position for exemption and may benefit them as they'll potentially need to source parts themselves from China.
That brings up an interesting query: Do the new 25% tariffs apply to any miner-related components made in China? eg, inductors, resistors, caps, etc. I know they apply to a helluva lot of optical components and laser diodes.
If they do (or in the future, can) how it could effect Non-China based companies that offshore production to China? CoilCraft (US owned) comes to mind for one, they make high current inductors as seen on all hash boards. Wonder if they would be exempt?
October 01, 2018, 10:58:13 PM
No, we're US based. Essentially the tariffs are to "enhance" US production, being there are only a couple manufacturers in the states having their support will bolster our position for exemption and may benefit them as they'll potentially need to source parts themselves from China.
October 01, 2018, 10:35:41 PM
Well we got list of the products we have posted out to our contact. Hope to hear back soon and start working on our exemption filings. Obelisk has responded to our request, we'll see how that plays out.
Obelisk is a USA company, so I gather you are out of the USA. Let us know, how they approach this. Maybe it will be easier to get an exemption going out of USA then coming in. good luck
brad
October 01, 2018, 07:26:50 PM
Well we got list of the products we have posted out to our contact. Hope to hear back soon and start working on our exemption filings. Obelisk has responded to our request, we'll see how that plays out.
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