HS 722820 Bars and rods, of silico-manganese steel

For imports into the United States, the Most Favored Nation (MFN) duty rate for HS code 722820 is 0.00%. There are no additional duties or tariffs typically applied under the Harmonized Tariff Schedule of the United States (USHTS) for this specific classification, unless specific trade remedies or anti-dumping/countervailing duties are in place. Importers should always verify the current tariff status with the US International Trade Commission (USITC) for the most up-to-date information. The USHTS is updated annually.

In the European Union, the Common Customs Tariff (TARIC) is used. For HS code 722820, the 'ad valorem' duty rate is applied, meaning it's a percentage of the value of the goods. For example, if the TARIC indicates a duty rate of 3.5% ad valorem for silico-manganese steel bars and rods, and an importer declares goods valued at €10,000, the duty would be calculated as: €10,000 (value) × 3.5% (duty rate) = €350 (duty amount). It is crucial to use the correct customs value, which typically includes the cost of the goods, insurance, and freight (CIF value) up to the EU border, as per EU customs regulations. Always consult the official EU TARIC database for the precise rate applicable at the time of import.

According to the World Customs Organization (WCO) Harmonized System Explanatory Notes and general steel industry definitions, silico-manganese steel is characterized by its chemical composition. It is a type of alloy steel containing specific percentages of silicon (Si) and manganese (Mn). While exact percentages can vary, it typically contains more than 0.7% by weight of silicon and more than 0.5% by weight of manganese. This steel is often used in the production of springs, tools, and other applications requiring high strength and elasticity. Proper chemical analysis certificates are often required to substantiate the classification.

When importing bars and rods of silico-manganese steel (HS code 722820) into the United Kingdom, standard customs documentation is required. This includes a commercial invoice detailing the value, quantity, and description of the goods; a packing list; and a bill of lading or air waybill for transport. Crucially, an import declaration must be submitted. Depending on the origin and specific trade agreements, a Certificate of Origin may be necessary to claim preferential duty rates. Importers should also be prepared to provide technical specifications or chemical analysis reports to confirm the material is indeed silico-manganese steel, as this is key to accurate HS classification under the UK Trade Tariff. Always check the latest guidance on GOV.UK.

Yes, trade agreements can significantly impact duty rates for HS code 722820. For example, under the Generalized System of Preferences (GSP) or specific Free Trade Agreements (FTAs) that a country might have with the exporting nation, preferential duty rates (often 0.00% or 'Free') may apply. To benefit, importers must ensure the goods meet the rules of origin stipulated in the relevant trade agreement. This typically requires a valid Certificate of Origin issued by the exporting country's competent authority, confirming the goods are of that country's origin. Importers and customs brokers must diligently research the applicable FTAs and ensure all compliance requirements, including correct documentation and declaration, are met to claim preferential treatment. Consulting the customs authority of the importing country or the relevant trade agreement text is essential.