Question 1

What is the duty rate for waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal other than goods of heading 8549:?

Accepted Answer

The general duty rate for HTS code 7112 (Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal other than goods of heading 8549:) is Free. Additional tariffs may apply depending on the country of origin, including Section 301, reciprocal, and Section 232 tariffs.

Question 2

What is HS code 7112?

Accepted Answer

HS code 7112 classifies "Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal other than goods of heading 8549:" under Chapter 71 (Precious Metals and Stones; Jewelry). This code is used for U.S. customs classification and duty assessment.

Question 3

Does waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal other than goods of heading 8549: have Section 301 tariffs?

Accepted Answer

Yes, waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal other than goods of heading 8549: (HS 7112) is subject to Section 301 tariffs of 25% when imported from China.

7112

Calculate landed cost for this product

Related