Analysis
HTS 7108.12.10 covers other unwrought forms: bullion and dore under heading 7108 (gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in…). US Customs collects import statistics for it under 3 ten-digit suffixes, reported in Au g.
Rates on the nearby lines range from duty-free to 4.1%. The costliest confusion would be with 7108.13.70 (other: other) at 4.1%, a difference of 4.1 points on the customs value.
There is no general-rate duty on this line, which puts it with roughly 45% of the 108 tariff lines in chapter 71 that are also free. Chapter 99 measures such as Section 301 or 232 can still apply on top, depending on where the goods come from.
Census statistics map these goods to NAICS 331410 (Nonferrous Metal (except Aluminum) Smelting and Refining), an industry of 112 US establishments employing 8,755 people, the industry a domestic producer of these goods reports under.
The ten-digit suffixes separate containing by weight not less than… and dore. The duty is the same across them; the suffix matters for statistics, licensing and some quotas, and an entry needs all ten digits.
Statistical suffixes
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7108.11.00 | Nonmonetary: powder | Free |
| 7108.12.50 | Other unwrought forms: other | 4.1% |
| 7108.13.10 | Other semimanufactured forms: gold leaf | Free |
| 7108.13.55 | Rectangular or near rectangular shapes, containing 99.5 percent or more by weight of gold and not otherwise marked or decorated than with weight, purity, or other identifying information | Free |
| 7108.13.70 | Other: other | 4.1% |
| 7108.20.00 | Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form: monetary | Free |