Rotary Drill Bit for Oil Well Drilling

Tungsten carbide-tipped rotary drill bit designed specifically for use with boring machinery in oil and gas drilling rigs under HTS 8430.41. It features polycrystalline diamond cutters for penetrating hard rock formations during deep well boring. Classified under 8431.43.80 as a part for boring or sinking machinery of subheading 8430.41.

Import Duty Rates by Country of Origin

Origin CountryMFN RateCh.99 SurchargesTotal Effective Rate
🇨🇳ChinaFree+35.0%35%
🇲🇽MexicoFree+10.0%10%
🇨🇦CanadaFree+10.0%10%
🇩🇪GermanyFree+10.0%10%
🇯🇵JapanFree+10.0%10%

Alternative Classifications

This product could be classified differently depending on its characteristics or intended use.

8207.19.60Higher: 37.9% vs 35%

If sold as general-purpose cutting tools without rig-specific design

Interchangeable tools and bits not dedicated to specific machinery fall under Chapter 82 as interchangeable tools.

8431.49Lower: 10% vs 35%

If for parts of other heading 8430 machinery like crushers, not boring/sinking

Parts for non-boring 8430 machinery (e.g., surface mining crushers) classify under 8431.49.

Not sure which classification is right?

Our AI classifier can analyze your specific product and recommend the correct HTS code with confidence.

Import Tips & Compliance

Verify compatibility certification with specific 8430.41 drilling rigs to avoid misclassification as general tools

Include detailed engineering specs and end-use statements in documentation to confirm 'solely or principally' use with boring machinery