HS 721050 Plated or coated with chromium oxides or with chromium and chromium oxides

The Most Favored Nation (MFN) duty rate for HS code 721050 is generally 0.00% ad valorem in many major trading blocs. However, it is crucial to consult the specific tariff schedule of the importing country. For instance, the United States International Trade Commission (USITC) Harmonized Tariff Schedule (HTS) lists a 0.00% duty for this classification. Similarly, the EU's TARIC database and the UK's Trade Tariff often show preferential rates or free trade access for goods meeting specific origin criteria. Always verify the applicable duty rate based on the country of import and the origin of the goods, as rates can vary significantly.

Classification under HS 721050 hinges on two primary criteria: the base material and the coating. The base material must be 'flat-rolled products of iron or non-alloy steel,' meaning steel that has been rolled in flat form, typically in coils or rectangular plates. The critical distinguishing feature for this code is the coating: it must be exclusively 'plated or coated with chromium oxides or with chromium and chromium oxides.' This means the surface treatment involves the application of chromium in oxide form, or a combination of elemental chromium and chromium oxides. Products coated with other materials, or with different forms of chromium plating, would fall under different HS codes within Chapter 72.

Standard import documentation for HS 721050 includes a commercial invoice detailing the value, quantity, and description of the goods; a packing list; and a bill of lading or air waybill. Crucially, a certificate of origin may be required to claim preferential duty rates under trade agreements. Importers should also be prepared to provide technical specifications or manufacturer declarations confirming the nature of the chromium oxide coating, especially if customs authorities require verification of classification. Compliance with any specific import regulations of the destination country, such as those related to product safety or environmental standards, is also essential.

The duty calculation for HS 721050, when applicable, is typically based on an ad valorem rate, meaning a percentage of the declared customs value of the goods. For example, if the duty rate is 3.5% ad valorem and the declared customs value of a shipment of chromium oxide coated steel is $10,000 USD, the duty would be calculated as: $10,000 (Customs Value) × 0.035 (Duty Rate) = $350 USD. In cases where a specific duty (e.g., per unit of weight or volume) is applied, the calculation would be rate per unit × quantity. Always confirm the specific duty calculation method and rate with the importing country's customs authority.

Yes, many trade agreements offer preferential duty rates, often resulting in duty-free entry, for goods like those classified under HS 721050, provided they meet the rules of origin stipulated in the agreement. For example, goods originating from countries that are signatories to the United States-Mexico-Canada Agreement (USMCA) may benefit from reduced or eliminated duties. Similarly, goods originating from countries within the European Union or the United Kingdom, under agreements like the EU-UK Trade and Cooperation Agreement, often qualify for preferential treatment. Importers must obtain a valid Certificate of Origin from the exporter to claim these benefits and ensure the goods meet all stipulated origin criteria.