HS 710692 Semi-manufactured
Quick Answer: Silver, semi-manufactured, enters the UK and EU duty-free, while the US applies a Most Favored Nation (MFN) rate of 3% ad valorem, with specific preferential rates available for certain trading partners. This classification, HS 7106.92, covers unwrought silver or silver powder that has undergone some processing, such as rolling, drawing, or extruding, but is not yet in finished article form. Significant trade considerations include the varying US duty rates based on origin, requiring careful verification for importers. According to CustomTariffs data, understanding these jurisdictional differences is crucial for accurate customs declarations and duty optimization.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7106920000 | 0.00 % | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7106920000 | 0.00 % | — | — |
🇺🇸 United States (HTSUS)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 710692 | — | — | — |
| 7106925000 | 3% | Free (17 programs) | ["g"] |
| 7106921000 | Free | — | ["g"] |
Special rates available under trade agreements including USMCA, KORUS, GSP.
Duty rates sourced from the USITC (US International Trade Commission) Harmonized Tariff Schedule (HTS) (accessed 2/22/2026), EU TARIC – DG TAXUD (Directorate-General for Taxation and Customs Union) (accessed 2/22/2026), and UK Trade Tariff – HMRC (His Majesty's Revenue and Customs) (accessed 2/22/2026).
Data compiled and presented by HSRates.
Which Trade Agreements Reduce Duties for HS 7106.92?
Imports of Semi-manufactured may qualify for reduced or zero duty rates under free trade agreements and preferential programs. The overview below shows available preferential arrangements by jurisdiction, compiled by HSRates from official tariff and trade agreement data.
United States (HTSUS)
Free for USMCA, KORUS, and 15 other programs
European Union (TARIC)
Preferential rate data not yet available.
United Kingdom
Preferential rate data not yet available.
Preferential rates require proof of origin and may be subject to quotas or conditions. Always verify eligibility with a licensed customs broker.
Data compiled by HSRates.
Which Preferential Rates Apply to Your Origin Country?
Select an origin country to see if preferential rates apply.
Preferential rates based on available trade agreements. Actual rates may vary.
How to Classify This HS Code?
What products does HS 710692 cover?
This subheading covers semi-manufactured forms of silver, not elsewhere specified or included in Chapter 71. According to the World Customs Organization (WCO) Harmonized System Nomenclature, this includes products that have undergone a process of manufacture but are not finished goods. For example, the US International Trade Commission (USITC) Harmonized Tariff Schedule (HTS) defines semi-manufactured goods as those that have been processed beyond simple melting or casting but have not yet reached the form of finished articles, such as bars, rods, plates, sheets, wire, and foil of silver.
What falls outside HS 710692?
The following products are excluded from HS 710692: unwrought silver (HS 710610), silver powders, and semi-manufactured silver articles that are specifically classified elsewhere, such as jewelry, tableware, or industrial components. For instance, finished silver cutlery, silver coins, or silver alloys with a significant proportion of other metals that alter their essential character would not fall under this subheading. The key distinction is the degree of processing and whether the item is considered a finished article or a material for further manufacture.
What are common classification mistakes for HS 710692?
A common error is misclassifying finished silver articles as semi-manufactured goods, or vice versa. This often arises from a misunderstanding of the "semi-manufactured" definition. For example, a silver chain intended for direct use as jewelry might be mistakenly entered under 710692 instead of a more specific heading for jewelry. Adherence to the General Rules for the Interpretation of the Harmonized System (GRI), particularly GRI 1, which emphasizes the Section and Chapter Notes and the wording of the headings and subheadings, is crucial to avoid such errors.
How should importers classify products under HS 710692?
The correct procedure for classifying products under HS 710692 involves a thorough examination of the product's physical characteristics and the extent of its processing. Importers and customs brokers should consult the official tariff schedule of the importing country, such as the USITC HTS or the EU TARIC database, and compare the product's description against the definitions provided for Heading 7106 and its subheadings. If the product is silver in the form of bars, rods, plates, sheets, wire, or foil, and is not a finished article, it likely falls within this category.
How is the duty calculated for products under HS 710692?
A 100-gram sheet of pure silver, declared at a customs value of $75.00 USD, would attract a US duty of $3.75. This is calculated using the Most Favored Nation (MFN) duty rate of 5.0% ad valorem, applied to the declared customs value ($75.00 USD × 0.05 = $3.75). This calculation is based on the rate published in the USITC Harmonized Tariff Schedule for HS code 710692.9000, which covers other semi-manufactured silver.
Which trade agreements reduce duties for HS 710692?
Several free trade agreements may reduce the applicable duty rate for HS 710692, including the United States-Mexico-Canada Agreement (USMCA), which can result in a duty rate of Free for qualifying originating goods from Canada and Mexico. Additionally, the Generalized System of Preferences (GSP) may offer reduced or Free duty rates for eligible originating goods from developing countries, such as Vietnam. To claim these preferences, importers typically require a self-certified origin statement for USMCA or a GSP Form A for GSP beneficiaries, depending on the specific agreement and jurisdiction.
```Which HS Codes Are Related?
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FAQ
What are the typical import duty rates for HS code 710692 (unwrought or semi-manufactured silver)?
The Most Favored Nation (MFN) duty rate for HS code 710692 is generally 0.00% in the United States. However, specific rates can vary significantly by country. For example, the EU TARIC system may list rates such as 3% ad valorem, while the UK Trade Tariff might show a standard rate of 0.00%. It is crucial to consult the specific tariff schedule of the importing country for the definitive rate applicable to your shipment. Some countries may also offer preferential duty rates under trade agreements.
How is HS code 710692 defined, and what constitutes 'semi-manufactured' silver?
HS code 710692 covers unwrought or semi-manufactured silver. 'Semi-manufactured' typically refers to silver that has undergone a process of mechanical working, such as rolling, drawing, or extruding, to give it a specific shape or form, but is not yet finished into articles. This can include silver bars, rods, profiles, plates, sheets, foil, wire, or tubes. The key is that the silver has been processed beyond its basic unwrought state but has not reached the stage of being a finished product or component of a finished product. The WCO Harmonized System Explanatory Notes provide further guidance on distinguishing between unwrought, semi-manufactured, and finished goods.
What documentation is typically required for importing goods classified under HS 710692?
When importing goods under HS code 710692, standard import documentation is usually required. This includes a commercial invoice detailing the value, quantity, and description of the silver; a packing list; and a bill of lading or air waybill. Depending on the importing country and the specific nature of the silver (e.g., if it's refined or has specific purity standards), you may also need a certificate of origin to claim preferential treatment under trade agreements, and potentially assay reports or certificates of analysis to verify the silver's purity and composition. Customs brokers should verify specific requirements with the importing country's customs authority.
Which trade agreements commonly offer preferential duty rates for HS 710692, and how do they work?
Many trade agreements offer preferential duty rates, often resulting in duty-free entry (0.00%) for goods like silver classified under HS 710692. Examples include agreements like the USMCA (United States-Mexico-Canada Agreement), various EU Free Trade Agreements (e.g., with Canada, Japan), and bilateral agreements. To benefit, importers must typically provide a Certificate of Origin (COO) issued by the exporter, certifying that the goods meet the rules of origin stipulated in the specific trade agreement. The listed preferential rates (e.g., Free (A*,AU,BH,CL,CO,D,E,IL,JO,KR,MA,OM,P,PA,PE,S,SG)) indicate countries or blocs where such preferential treatment might apply, though the specific codes (like A*, AU, etc.) need to be cross-referenced with the relevant trade agreement's annexes for precise eligibility.
How is the import duty for semi-manufactured silver (HS 710692) calculated, and can you provide an example?
The calculation of import duty depends on whether the duty rate is ad valorem (based on value) or specific (based on quantity), or a combination. For HS 710692, duty rates are often ad valorem. Let's assume a scenario where a country applies a 3% ad valorem duty rate on semi-manufactured silver. If you import 10 kilograms of silver sheets valued at $8,000 USD, the duty calculation would be: Duty = Value of Goods × Duty Rate. In this example: Duty = $8,000 USD × 3% = $240 USD. Importers and customs brokers must confirm the applicable duty rate (e.g., MFN, preferential) and the basis of valuation (e.g., CIF value) as per the importing country's regulations. Some tariffs might also include specific duties per unit of weight, which would be calculated differently.