Analysis
HTS 7116.20.35 covers figurines of semiprecious stone under heading 7116 (articles of natural or cultured pearls, precious or semiprecious stones (natural…).
Rates on the nearby lines range from duty-free to 10.5%. The costliest confusion would be with 7116.20.40 (of semiprecious stones (except rock crystal): other) at 10.5%, a difference of 6 points on the customs value.
The general duty rate is 4.5% of the customs value, which is above most the rates in chapter 71 (71st percentile of 108 lines with an ad valorem rate). On a shipment valued at $10,000 that is $450 in duty before any Chapter 99 additions or preference claims.
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 4.5%. 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 column 2 rate, for countries without normal trade relations, is 50%, 11.1 times the general rate.
Neighbouring 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% |
| 7116.20.40 | Of semiprecious stones (except rock crystal): other | 10.5% |
| 7116.20.50 | Other: other | Free |