HTS heading · chapter 71
7112
Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal other than goods of heading 8549
Analysis
Heading 7112 of the Harmonized Tariff Schedule covers waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal other…. It divides into 4 six-digit subheadings and 4 eight-digit tariff lines, with 4 ten-digit statistical suffixes below them.
Every one of its 4 tariff lines is duty-free at the general rate, so classification within the heading affects statistics and Chapter 99 measures rather than the base duty.
Its median rate of duty-free sits at the 23rd percentile of the headings in chapter 71.
The largest subheadings are 7112.30 (unnamed, 1 line), 7112.91 (unnamed, 1 line), 7112.92 (unnamed, 1 line) and 7112.99 (unnamed, 1 line).
The heading text decides whether a product belongs here at all (General Rule of Interpretation 1); the subheadings and lines below it only apply once that is settled. Section and chapter notes can override the heading wording, so read them for borderline goods.
Tariff lines
| Line | Description | General rate |
|---|---|---|
| 7112.30.01 | Ash containing precious metal or precious metal compounds | Free |
| 7112.91.01 | Of gold, including metal clad with gold but excluding sweepings containing other precious metals | Free |
| 7112.92.01 | Of platinum, including metal clad with platinum but excluding sweepings containing other precious metals | Free |
| 7112.99.01 | Other: other | Free |