HTS subheading · chapter 71
7116.20
Of precious or semiprecious stones (natural, synthetic or reconstructed)
Analysis
Subheading 7116.20 covers of precious or semiprecious stones (natural, synthetic or reconstructed), within heading 7116. 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 6 US tariff lines below it are national.
The spread of 10.5 percentage points between the cheapest and dearest lines makes misclassification expensive here. The highest rate, 10.5%, applies to 7116.20.40 (of semiprecious stones (except rock crystal)…).
1 of its 6 lines with a percentage rate are duty-free at the general rate (17%) and 5 are dutiable, from duty-free up to 10.5%. The median line pays 3.9%.
The US splits it as follows: 7116.20.05 for valued not over $40 per piece (3.3%), 7116.20.15 for articles of jewelry: other (6.5%), 7116.20.30 for graded semiprecious stones strung temporarily for convenience of… (2.1%), 7116.20.35 for figurines of semiprecious stone (4.5%), 7116.20.40 for of semiprecious stones (except rock crystal): other (10.5%) and 7116.20.50 for other: other (duty-free).
Tariff lines
| Line | Description | General rate |
|---|---|---|
| 7116.20.05 | Valued not over $40 per piece | 3.3% |
| 7116.20.15 | Articles of jewelry: other | 6.5% |
| 7116.20.30 | Graded semiprecious stones strung temporarily for convenience of transport | 2.1% |
| 7116.20.35 | Figurines of semiprecious stone | 4.5% |
| 7116.20.40 | Of semiprecious stones (except rock crystal): other | 10.5% |
| 7116.20.50 | Other: other | Free |