Analysis
HTS 7106.92.50 covers semimanufactured: other under heading 7106 (silver (including silver plated with gold or platinum), unwrought or in semimanufactured…).
Rates on the nearby lines range from duty-free to 3%. The costliest confusion would be with 7106.92.10 (rectangular or near rectangular shapes, containing 99.5 percent or…) at duty-free, a difference of 3 points on the customs value.
The column 2 rate, for countries without normal trade relations, is 65%, 21.7 times the general rate.
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 3%. 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 3% of the customs value, which is in the middle of the rates in chapter 71 (53rd percentile of 108 lines with an ad valorem rate). On a shipment valued at $10,000 that is $300 in duty before any Chapter 99 additions or preference claims.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7106.10.00 | Silver (including silver plated with gold or platinum), unwrought or in semimanufactured forms, or in powder form: powder | Free |
| 7106.91.10 | Unwrought: bullion and dore | Free |
| 7106.91.50 | Unwrought: other | 3% |
| 7106.92.10 | Rectangular or near rectangular shapes, containing 99.5 percent or more by weight of silver and not otherwise marked or decorated than with weight, purity, or other identifying information | Free |