HS 740313 Billets
Quick Answer: Copper and articles thereof, specifically unwrought copper alloys, imported under HS 740313 enter the UK at 0.00%, the EU at 0.00%, and the US at 1% (MFN) with preferential rates for certain trading partners. This classification covers "billets," which are semi-finished products of copper alloys, typically cast into a rectangular or round shape, intended for further processing such as rolling or extrusion. Importers should be aware of the varying preferential duty rates available in the US market, which can significantly impact landed costs. CustomTariffs aggregates this data to assist in compliance.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7403130000 | 0.00 % | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7403130000 | 0.00 % | — | — |
🇺🇸 United States (HTSUS)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7403130000 | 1% | Free (17 programs) | ["kg"] |
Special rates available under trade agreements including USMCA, KORUS, GSP.
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.
Which Trade Agreements Reduce Duties for HS 7403.13?
Imports of Billets may qualify for reduced or zero duty rates under free trade agreements and preferential programs. The overview below shows available preferential arrangements by jurisdiction, compiled by HSRates from official tariff and trade agreement data.
United States (HTSUS)
Free for USMCA, KORUS, GSP, and 14 other programs
European Union (TARIC)
Preferential rate data not yet available.
United Kingdom
Preferential rate data not yet available.
Preferential rates require proof of origin and may be subject to quotas or conditions. Always verify eligibility with a licensed customs broker.
Data compiled by HSRates.
Which Preferential Rates Apply to Your Origin Country?
Select an origin country to see if preferential rates apply.
Preferential rates based on available trade agreements. Actual rates may vary.
How to Classify This HS Code?
What products does HS 740313 cover?
This subheading covers "billets" of refined copper, as defined by the World Customs Organization's Harmonized System (WCO HS) nomenclature. According to the US International Trade Commission (USITC) Harmonized Tariff Schedule (HTS), billets are semi-finished products of refined copper, typically cast or extruded into a rectangular or square cross-section, intended for further processing such as rolling or drawing into wire, rod, or other shapes. The EU's TARIC system also aligns with this definition, specifying that these are not finished articles but intermediate forms of refined copper.
What falls outside HS 740313?
The following products are excluded from HS 740313: finished copper articles, copper powders, and unwrought copper. Specifically, this subheading does not cover copper wire (HS 7408), copper plates, sheets, and strip (HS 7409), or copper tubes and pipes (HS 7411). Also excluded are alloys of copper, such as brass or bronze, which would be classified under different headings within Chapter 74, unless they meet the specific purity requirements for refined copper as per the Chapter Notes.
What are common classification mistakes for HS 740313?
A common error is misclassifying copper products that are not strictly "billets" of refined copper. For instance, products that have undergone significant further processing, such as being cut to specific lengths for a particular application or having undergone surface treatments beyond basic finishing, may not qualify. According to General Interpretative Rule 1 (GIR 1) of the Harmonized System, classification is determined by the terms of the headings and any relative Section or Chapter Notes, meaning the form and composition are critical.
How should importers classify products under HS 740313?
The correct procedure for classifying products under HS 740313 involves a thorough examination of the product's physical characteristics and composition. Importers and customs brokers must verify that the product is indeed refined copper (containing at least 99.8% by weight of copper) and that its form is that of a billet – a semi-finished product with a specific cross-sectional shape, typically square or rectangular, intended for further manufacturing. Reviewing the supplier's technical specifications and the relevant Chapter Notes of the HTS is essential.
How is the duty calculated for products under HS 740313?
A shipment of 10,000 kilograms of refined copper billets, declared at a customs value of $80,000 USD, would attract a US duty of $1,600.00. This is calculated using the Most Favored Nation (MFN) duty rate of 2.0% ad valorem, applied to the declared customs value ($80,000 USD × 0.02 = $1,600.00). This calculation is based on the MFN rate published in the USITC Harmonized Tariff Schedule for HS code 7403.13.0000.
Which trade agreements reduce duties for HS 740313?
Several free trade agreements may reduce the applicable duty rate for HS 740313, including the United States-Mexico-Canada Agreement (USMCA), which can result in a duty rate of Free for originating goods from Canada and Mexico. The UK-Australia Free Trade Agreement also offers preferential rates, potentially Free, for qualifying goods originating from Australia. To claim these preferences, importers typically require a self-certified origin statement for USMCA or a specific origin declaration for other agreements, depending on the jurisdiction's requirements.
```Which HS Codes Are Related?
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FAQ
What are the import duty rates for HS code 740313, covering copper-zinc alloys (brass) in billets?
The Most Favored Nation (MFN) duty rate for HS 740313 is typically 0.00% ad valorem. However, preferential duty rates may apply under various trade agreements. For example, under certain agreements, the rate can be Free (A, AU, BH, CL, CO, D, E, IL, JO, KR, MA, OM, P, PA, PE, S, SG). It is crucial to consult the specific tariff schedule of the importing country and verify eligibility for preferential treatment based on the origin of the goods and the applicable trade agreement.
How is HS code 740313 defined, and what are the classification criteria for 'billets'?
HS code 740313 falls under Chapter 74 of the Harmonized System, which covers copper and articles thereof. Specifically, it pertains to 'Refined copper and alloys in primary forms; shapes, of refined copper or copper alloys'. 'Billets' under this code refer to semi-finished products of copper or copper alloys, typically cast into a rectangular or round cross-section, intended for further processing into other shapes such as rods, bars, or wire. The key classification criteria include the material composition (refined copper or copper alloys, specifically copper-zinc alloys like brass) and the form (semi-finished, cast billet).
What documentation is typically required for importing goods classified under HS 740313?
When importing goods under HS code 740313, standard import documentation is required. This generally includes a commercial invoice detailing the value, quantity, and description of the goods; a packing list; a bill of lading or air waybill for transport; and a certificate of origin to substantiate claims for preferential duty rates. Depending on the importing country's regulations and the specific nature of the copper alloy, additional documentation such as an import license or specific quality certifications might be necessary. Always consult the customs authority of the destination country for a comprehensive list.
Can you provide an example of how import duty is calculated for HS 740313?
Let's assume an importer brings 10,000 kilograms of brass billets (HS 740313) into a country with an MFN duty rate of 0.00% ad valorem. If the declared customs value of the shipment is $50,000 USD, the duty calculation would be: Duty = 0.00% of $50,000 = $0.00 USD. In a hypothetical scenario where the MFN duty rate was 1% ad valorem, the duty would be: Duty = 1% of $50,000 = $500.00 USD. It's important to note that some countries may also apply other taxes or fees, such as Value Added Tax (VAT) or Goods and Services Tax (GST), which are calculated separately.
Which common trade agreements offer preferential duty rates for HS code 740313, and how can importers benefit?
HS code 740313 benefits from preferential duty rates under numerous trade agreements. Examples include agreements with Australia (AU), Bahrain (BH), Canada (CA), Chile (CL), Colombia (CO), the European Union (E), Israel (IL), Jordan (JO), South Korea (KR), Morocco (MA), Oman (OM), Peru (PE), Singapore (SG), and the United States (US). To benefit, importers must ensure the goods meet the rules of origin stipulated in the relevant trade agreement and possess a valid Certificate of Origin issued by the exporter or producer. This requires careful verification of the supply chain and documentation to prove that the brass billets were manufactured in a country party to the agreement.