Analysis
HTS 7407.29.50 covers other: other bars and rods under heading 7407 (copper bars, rods and profiles).
Within this group the rate runs from 3% to 3%. Compared with 7407.29.40 (bars and rods of copper-nickel base alloys (cupro-nickel) or…), which pays 3%, a misclassification either way moves the duty by 1.4 percentage points.
The general duty rate is 1.6% of the customs value, which is in the middle of the rates in chapter 74 (34th percentile of 89 lines with an ad valorem rate). On a shipment valued at $10,000 that is $160 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 1.6%. 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 other lines in the same group are 7407.29.16 (profiles: hollow, 3%), 7407.29.34 (of copper-nickel base alloys (cupro-nickel) or…, 3%), 7407.29.38 (other: other, 3%) and 7407.29.40 (bars and rods of copper-nickel base alloys (cupro-nickel)…, 3%).
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7407.29.16 | Profiles: hollow | 3% |
| 7407.29.34 | Of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) | 3% |
| 7407.29.38 | Other: other | 3% |
| 7407.29.40 | Bars and rods of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) | 3% |