Analysis
Subheading 7108.12 covers other unwrought forms, within heading 7108. The first six digits are shared by every country that uses the Harmonized System, so this part of the code is the same in the US, UK and EU schedules; the 2 US tariff lines below it are national.
1 of its 2 lines with a percentage rate are duty-free at the general rate (50%) and 1 are dutiable, from duty-free up to 4.1%. The median line pays 2.05%.
The US splits it as follows: 7108.12.10 for other unwrought forms: bullion and dore (duty-free) and 7108.12.50 for other unwrought forms: other (4.1%).
By Census's concordance, most of its statistical lines are made by Nonferrous Metal (except Aluminum) Smelting and Refining (331410). Those are the NAICS industries a US producer of these goods would report under.
Goods only reach 7108.12 once they fall within heading 7108 (gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in…). Under General Rule 6, subheadings are then compared only with others at the same level, so a product is matched against its siblings, not against lines elsewhere in the chapter.
Tariff lines
| Line | Description | General rate |
|---|---|---|
| 7108.12.10 | Other unwrought forms: bullion and dore | Free |
| 7108.12.50 | Other unwrought forms: other | 4.1% |