7323.91.50

Analysis

HTS 7323.91.50 covers of cast iron, not enameled: other under heading 7323 (table, kitchen or other household articles and parts thereof, of iron or steel; iron or…). US Customs collects import statistics for it under 2 ten-digit suffixes, reported in number of items and kilograms.

Within this group the rate runs from duty-free to 8.2%. Compared with 7323.99.50 (not coated or plated with precious metal: of tinplate), which pays duty-free, a misclassification either way moves the duty by 5.3 percentage points.

The general duty rate is 5.3% of the customs value, which is among the highest the rates in chapter 73 (91st percentile of 250 lines with an ad valorem rate). On a shipment valued at $10,000 that is $530 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 5.3%. 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 40%, 7.5 times the general rate.

For statistics it divides in two: 7323.91.50.20 for bakeware (cookware not suitable for stove top use) and 7323.91.50.40 for other. Both pay the same duty; the suffix records which kind was imported.