Analysis
HTS 7505.12.10 covers bars and rods: cold-formed under heading 7505 (nickel bars, rods, profiles and wire).
The general duty rate is 3% of the customs value, which is above most the rates in chapter 75 (77th percentile of 28 lines with an ad valorem rate). On a shipment valued at $10,000 that is $300 in duty before any Chapter 99 additions or preference claims.
Within this group the rate runs from 2.5% to 3%. Compared with 7505.12.30 (bars and rods: not cold-formed), which pays 2.5%, a misclassification either way moves the duty by 0.5 percentage points.
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 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 35%, 11.7 times the general rate.
The other lines in the same group are 7505.12.30 (bars and rods: not cold-formed, 2.5%) and 7505.12.50 (of nickel alloys: profiles, 3%).
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7505.12.30 | Bars and rods: not cold-formed | 2.5% |
| 7505.12.50 | Of nickel alloys: profiles | 3% |