Analysis
HTS 7103.10.40 covers unworked or simply sawn or roughly shaped: other under heading 7103 (precious stones (other than diamonds) and semiprecious stones, whether or not worked or…).
Rates on the nearby lines range from duty-free to 10.5%. The costliest confusion would be with 7103.99.10 (cut but not set, and suitable for use in the manufacture of jewelry) at duty-free, a difference of 10.5 points on the customs value.
Goods that qualify under GSP, the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, and 12 others can enter duty-free instead of paying 10.5%. It is also eligible under GSP, the developing-country programme, which Congress has to renew; check whether GSP is in force on the entry date.
The general duty rate is 10.5% of the customs value, which is among the highest the rates in chapter 71 (95th percentile of 108 lines with an ad valorem rate). On a shipment valued at $10,000 that is $1,050 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 50%, 4.8 times the general rate.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7103.10.20 | Unworked or simply sawn or roughly shaped: unworked | Free |
| 7103.91.00 | Rubies, sapphires and emeralds | Free |
| 7103.99.10 | Cut but not set, and suitable for use in the manufacture of jewelry | Free |
| 7103.99.50 | Other: other | 10.5% |