HS 721923 Of a thickness of 3 mm or more but less than 4,75 mm

What products does HS 721923 cover?

This subheading covers flat-rolled products of stainless steel, not further worked than cold-rolled (cold-reduced), with a thickness of 3 mm or more but less than 4.75 mm. According to the World Customs Organization (WCO) Harmonized System Nomenclature, this category specifically excludes products that have undergone further processing beyond cold-rolling. Official definitions from sources like the US International Trade Commission (USITC) Harmonized Tariff Schedule (HTS) and the EU's TARIC database confirm that these are essentially sheets and plates of stainless steel within this precise thickness range, intended for various industrial applications.

What falls outside HS 721923?

The following products are excluded from HS 721923: stainless steel flat-rolled products with a thickness less than 3 mm or 4.75 mm or more, and those that have been further worked beyond cold-rolling, such as being cut to shape, coated, or plated. For instance, stainless steel coils or sheets with a thickness of 2.5 mm would be classified under a different subheading, as would stainless steel plates that have been painted or otherwise treated beyond the cold-rolling process. Products of other metals or alloys are also not covered.

What are common classification mistakes for HS 721923?

A common error is misinterpreting the precise thickness requirements, leading to incorrect classification. For example, classifying a product that is exactly 4.75 mm thick under this subheading would be incorrect, as the upper limit is strictly less than 4.75 mm. Another mistake involves overlooking the "cold-rolled (cold-reduced)" condition. If the stainless steel flat-rolled product was hot-rolled and falls within this thickness range, it would be classified elsewhere, potentially under HS 721913. Adherence to General Rule of Interpretation (GRI) 1 is crucial for correct classification.

How should importers classify products under HS 721923?

The correct procedure for classifying products under HS 721923 involves a multi-step verification process. Importers and customs brokers must first confirm that the product is indeed flat-rolled stainless steel. Subsequently, they must accurately measure its thickness to ensure it falls precisely between 3 mm and less than 4.75 mm. Finally, they need to verify that no further working beyond cold-rolling has been performed. Consulting the official tariff schedule of the importing country, such as the USITC HTS or the UK Trade Tariff, is essential for definitive classification.

How is the duty calculated for products under HS 721923?

A shipment of 1,000 kg of 304 stainless steel sheets, each measuring 4 mm in thickness, declared at a customs value of $5,000 USD, would attract a US duty. Assuming a Most Favored Nation (MFN) duty rate of 2.5% ad valorem as published in the USITC Harmonized Tariff Schedule for HS 721923, the duty would be calculated as 2.5% of $5,000 USD, resulting in a duty amount of $125.00 USD. This calculation is based on the declared value of the goods.

Which trade agreements reduce duties for HS 721923?

Several free trade agreements may reduce the applicable duty rate for HS 721923, including the United States-Mexico-Canada Agreement (USMCA). Under USMCA, originating stainless steel flat-rolled products from Canada or Mexico can enter the United States duty-free, provided a valid origin declaration is submitted. For goods originating from countries benefiting from the Generalized System of Preferences (GSP) in certain jurisdictions, a reduced rate or duty-free status may apply, often requiring a GSP Form A. Documentation requirements vary by agreement and importing country.