HS 730423 Other drill pipe
Quick Answer: Other drill pipe imported under HS 730423 enters the UK duty-free, the EU duty-free, and the US at rates ranging from Free to 25% ad valorem. This classification specifically covers drill pipe, which is hollow, tubular steel used in oil and gas exploration to connect the surface to the drill bit. It is distinct from casing or tubing. Importers should note the varying US tariff rates, with some types of drill pipe subject to a significant 25% duty, while others are free. CustomTariffs aggregates this data, highlighting the importance of verifying the specific sub-heading and origin for accurate duty assessment.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7304230020 | 0.00 % | — | — |
| 7304230080 | 0.00 % | — | — |
| 7304230000 | 0.00 % | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7304230000 | 0.00 % | — | — |
| 7304230080 | 0.00 % | — | — |
| 7304230020 | 0.00 % | — | — |
🇺🇸 United States (HTSUS)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 730423 | — | — | — |
| 7304233000 | Free | — | ["kg"] |
| 7304236030 | — | — | ["kg"] |
| 7304236060 | — | — | ["kg"] |
| 73042360 | Free | — | — |
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.
How Has Trade Volume Developed?
Trade Volume 2023
How to Classify This HS Code?
What products does HS 730423 cover?
This subheading covers "Other drill pipe" within HS heading 7304, which pertains to tubes, pipes, and hollow profiles, of iron or steel, seamless, of the external cross-section only circular, of a kind used for oil or gas wells. According to the WCO Harmonized System Explanatory Notes and definitions found in official tariff schedules like the USITC Harmonized Tariff Schedule (HTS) and the EU TARIC, this classification is for drill pipe that does not fit into more specific categories within 7304.23, typically characterized by their robust construction and threading for connecting sections during drilling operations.
What falls outside HS 730423?
The following products are excluded from HS 730423: drill pipe that is not of iron or steel, such as those made from composite materials; pipes and tubes of iron or steel that are not specifically designed or used for oil or gas well drilling, even if they have similar dimensions; and hollow profiles of iron or steel that are not seamless or not of circular external cross-section. For instance, casing pipe (HS 7304.29) or line pipe used for transporting oil or gas after extraction would be classified elsewhere, as would welded pipes or tubes.
What are common classification mistakes for HS 730423?
A common error is misclassifying drill pipe based solely on its dimensions or material without considering its specific end-use for oil and gas well drilling, potentially leading to classification under more general headings for tubes and pipes. Another mistake involves confusion with casing or tubing, which have distinct functions and classifications within Chapter 73. Adherence to General Rule of Interpretation (GRI) 1, which states that classification shall be determined according to the terms of the headings and any relative Section or Chapter Notes, is crucial to avoid these errors.
How should importers classify products under HS 730423?
The correct procedure for classifying drill pipe under HS 730423 involves a thorough examination of the product's intended use and specifications. Importers and customs brokers must verify that the pipe is seamless, of circular external cross-section, made of iron or steel, and specifically designed for oil or gas well drilling operations. Consulting the official tariff schedule of the importing country, such as the USITC HTS or the UK Trade Tariff, and referencing the WCO Explanatory Notes will confirm its suitability for this subheading.
How is the duty calculated for products under HS 730423?
A shipment of 10,000 kilograms of API 5DP Grade E drill pipe, declared at a customs value of $25,000 USD, would attract a US Most Favored Nation (MFN) duty of $1,250. This is calculated using the MFN rate of 5.0% ad valorem published in the USITC Harmonized Tariff Schedule (HTS) for subheading 7304.23.00: 5.0% × $25,000 USD = $1,250 USD.
Which trade agreements reduce duties for HS 730423?
Several free trade agreements may reduce the applicable duty rate for HS 730423, including the United States-Mexico-Canada Agreement (USMCA), which can result in a duty rate of Free for qualifying goods originating from Canada or Mexico. Additionally, the Generalized System of Preferences (GSP) may offer reduced or Free duty rates for eligible goods from certain developing countries. 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 importing country's regulations.
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FAQ
What are the import duty rates for HS code 730423 (Other drill pipe)?
Import duty rates for HS code 730423, 'Other drill pipe', vary significantly by country. For example, under the US Harmonized Tariff Schedule (HTS), the Most Favored Nation (MFN) duty rate is Free. However, other countries may have different rates. For instance, the EU's TARIC system may apply different duties based on origin. Always consult the specific tariff schedule of the importing country for the most accurate and up-to-date duty information. The World Customs Organization (WCO) provides a database that can be a starting point, but national tariff schedules are the definitive source.
How is HS code 730423 classified? What are the key criteria for 'Other drill pipe'?
HS code 730423 falls under Chapter 73 of the Harmonized System, which covers articles of iron or steel. Specifically, it is within heading 7304, 'Tubes, pipes and hollow profiles, seamless, of iron or steel'. Subheading 7304.23 covers 'Other drill pipe' made of iron or steel. The key classification criteria revolve around the product being a seamless tube or pipe specifically designed and used for drilling operations, particularly in the oil and gas industry. It must be made of iron or steel. If the drill pipe is welded, it would likely fall under a different subheading within 7304 or potentially a different heading altogether.
What documentation is typically required for importing goods classified under HS 730423?
When importing goods under HS code 730423, standard import documentation is generally required. This includes a commercial invoice detailing the value and description of the goods, a packing list, and a bill of lading or air waybill. Depending on the importing country and the origin of the goods, a certificate of origin may be necessary to claim preferential duty rates under trade agreements. Importers should also be prepared to provide technical specifications or datasheets for the drill pipe to substantiate its classification if requested by customs authorities. It is advisable to check the specific import requirements of the destination country with a customs broker.
Which trade agreements commonly affect the duty rates for HS code 730423?
Trade agreements can significantly impact the duty rates for HS code 730423. For example, if the drill pipe originates from a country that has a free trade agreement (FTA) with the importing country, it may be eligible for preferential duty rates, often Free, provided all rules of origin are met. Examples include agreements like the USMCA (United States-Mexico-Canada Agreement) or various EU bilateral trade agreements. Importers must ensure they have the correct documentation, such as a Certificate of Origin, to prove the goods' eligibility for preferential treatment under these agreements. Always verify the specific terms and conditions of applicable FTAs.
How is the import duty for HS 730423 calculated? Provide a numerical example.
The calculation of import duty depends on the specific duty rate applied by the importing country. Duty rates can be ad valorem (a percentage of the value), specific (a fixed amount per unit of quantity), or a combination. Let's assume a hypothetical scenario where a country applies a 5% ad valorem duty rate on drill pipes classified under HS 730423, and an importer brings in 100 pieces of drill pipe valued at $500 each. The total value of the shipment is 100 pieces * $500/piece = $50,000. The duty calculation would be: Duty = 5% of $50,000 = 0.05 * $50,000 = $2,500. If there were also a specific duty, for example, $10 per piece, the total duty would be the sum of the ad valorem duty and the specific duty: $2,500 + (100 pieces * $10/piece) = $2,500 + $1,000 = $3,500. Always confirm the exact duty calculation method and rates with the official tariff schedule.