Key takeaways
US solar manufacturing companies who are dependent on Chinese machinery are likely to benefit from one or more of the 19 tariff exclusions proposed by USTR. US importers who have imported machinery covered by one of the exclusions may have an opportunity to recover Section 301 duties paid for goods entered after the retroactive effective date. Official notice from USTR with the final list of eligible products is expected in the near term.
US solar manufacturing companies that import (or plan to import) Chinese-made production equipment can prepare now to take advantage of the forthcoming Section 301 tariff exclusions.
RSM US’s Trade Advisory team can help your company take action to maximize use of this cost-saving opportunity through the following:
- Review the proposed list of product descriptions and harmonized tariff classifications to determine eligibility if imported solar manufacturing machinery falls within the scope of the proposed exclusions.
- Identify all tariff-exclusion eligible machinery that was imported after May 22, 2024 of which Section 301 duties were paid and may be eligible for a duty refund.
- Assist with customs administrative procedures to obtain a refund duties paid after for eligible machinery.
- Identify all eligible machinery that is planned for purchase and importation through May 2025 and develop plans to ensure all tariff exclusions are justified and properly applied.
RSM specializes in performing cross-border activity reviews and has a proven track record of helping companies find the right solutions to complex trade matters. Our team of seasoned professionals, each with deep industry experience, can quickly assess and determine a practical path forward based on your company’s unique needs.
