HS 722100 Containing by weight 2,5 % or more of nickel

The duty rates for HS code 722100 can vary significantly depending on the importing country and any applicable trade agreements. For example:

• United States: The U.S. Harmonized Tariff Schedule (USHTS) generally lists a 0.00% duty rate for stainless steel bars and rods (7221.00.0000) under its Most Favored Nation (MFN) status. However, specific exclusions or additional duties under Section 232 or other trade remedies may apply, requiring careful verification.
• European Union: Under the EU's TARIC system, the standard duty rate for this category is often 0.00% ad valorem. Preferential rates may be available for goods originating from countries with which the EU has a Free Trade Agreement (FTA).
• United Kingdom: The UK Trade Tariff also typically shows a 0.00% duty rate for goods classified under 7221.00.00.00. Similar to the EU, preferential rates can apply based on trade agreements.

It is crucial for importers and customs brokers to consult the specific tariff schedule of the destination country at the time of import, as rates can be amended. Sources like the USITC, EU TARIC, and UK Trade Tariff are authoritative references.

The primary classification criterion for HS code 722100 is the material composition and product form. The code specifically covers 'Stainless steel bars, rods and profiles'. The defining characteristic for this code is that the steel must contain by weight 2,5 % or more of nickel. Stainless steel is an alloy of iron, typically containing a minimum of 10.5% chromium by mass. The presence of nickel, at the specified threshold, is critical for distinguishing it from other stainless steel categories. 'Bars', 'rods', and 'profiles' refer to specific shapes and forms of the steel product as defined in Chapter 72 notes of the Harmonized System.

Standard import documentation is generally required for HS code 722100, along with any specific certifications related to the material. Essential documents include:

1. Commercial Invoice: Detailing the seller, buyer, description of goods, quantity, unit price, and total value.
2. Packing List: Outlining the contents of each package.
3. Bill of Lading (Ocean) or Air Waybill (Air): Transportation document.
4. Certificate of Origin: To claim preferential duty rates under trade agreements.
5. Mill Test Certificate (MTC) or Material Certificate: This is particularly important for HS code 722100. It verifies the chemical composition of the steel, confirming the nickel content (2,5% or more) and other alloying elements, as well as mechanical properties. This document is crucial for customs authorities to verify correct classification.
6. Import License/Permit: If required by the importing country for specific steel products or origins.

The calculation of import duty for HS code 722100 depends on the duty rate structure applied by the importing country. Most commonly, the duty is an 'ad valorem' rate, meaning it's a percentage of the customs value of the goods. However, some countries might apply specific duties (per unit of weight or volume) or a combination (e.g., compound duties).

Example (Ad Valorem Duty):

Assume a shipment of stainless steel bars (HS 722100) with a declared customs value of $10,000 USD. The importing country applies a 5% ad valorem duty rate for this HS code.

• Customs Value: $10,000 USD
• Duty Rate: 5.00% ad valorem

Duty Calculation:

Duty Amount = Customs Value × Duty Rate Duty Amount = $10,000 USD × 5.00% Duty Amount = $500 USD

In this scenario, the importer would owe $500 USD in import duties. It is essential to confirm the correct customs valuation method and the applicable duty rate from the official tariff schedule of the importing country.

Several common trade agreements can provide preferential duty rates for goods classified under HS code 722100, often reducing or eliminating duties. Importers and customs brokers should investigate eligibility based on the origin of the goods and the specific trade pacts in force.

• United States: Agreements like the United States-Mexico-Canada Agreement (USMCA) may offer preferential treatment for steel products originating from Canada or Mexico, provided they meet the rules of origin. However, specific steel provisions and safeguard measures within these agreements must be carefully reviewed.
• European Union: The EU has numerous Free Trade Agreements (FTAs) with countries worldwide (e.g., Canada, Japan, South Korea, Mercosur countries). Goods originating from these partner countries may benefit from reduced or zero duties on stainless steel bars and rods, subject to meeting the rules of origin outlined in each agreement.
• United Kingdom: Post-Brexit, the UK has established its own set of FTAs, including continuity agreements replicating previous EU deals and new ones. Goods originating from countries like Japan, Australia, or Canada may qualify for preferential rates under these agreements, provided they comply with the respective rules of origin.

To claim preferential treatment, a valid Certificate of Origin or proof of origin is typically required, and the goods must meet the specific rules of origin criteria defined within each trade agreement. Consulting the relevant government trade websites (e.g., USTR for the US, European Commission for the EU, gov.uk for the UK) is essential.