HS 988073 Classified in Chapter 73
Quick Answer: Products classified under HS code 988073 enter the UK at N/A and the EU at N/A. This specific code is a placeholder indicating that the actual classification falls within Chapter 73 of the Harmonized System. Chapter 73 covers articles of iron or steel. Significant trade considerations for importers and customs brokers include the need to determine the precise subheadings within Chapter 73 to ascertain applicable duty rates, as these can vary significantly based on the specific article of iron or steel, its form, and its intended use. CustomTariffs aggregates data that can assist in navigating these detailed classifications.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 9880730000 | — | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 9880730000 | — | — | — |
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 to Classify This HS Code?
What products does HS 988073 cover?
This subheading covers specific articles of iron or steel, as detailed within Chapter 73 of the Harmonized System (HS) nomenclature. While Chapter 98 is typically reserved for temporary importations or special provisions, HS 988073 acts as a cross-reference, directing classification to the appropriate subheadings within Chapter 73. This ensures that items like tubes, pipes, and fittings of iron or steel, as well as structures and parts thereof, are correctly categorized according to their material composition and function, as per WCO guidelines and national tariff schedules like the USITC Harmonized Tariff Schedule (HTS).
What falls outside HS 988073?
The following products are excluded from HS 988073, as they are classified under different HS chapters or headings. This includes, but is not limited to, articles of iron or steel that are plated or coated with precious metals (Chapter 71), machinery and mechanical appliances (Chapter 84), vehicles (Chapter 87), and tools and cutlery (Chapter 82). For instance, a steel bicycle frame would be classified under Chapter 87, not Chapter 73, despite being made of steel.
What are common classification mistakes for HS 988073?
A common error is misinterpreting HS 988073 as a standalone classification for all iron and steel products. Instead, it functions as a directive to Chapter 73. Importers may incorrectly assign a general duty rate to items that should be further classified within Chapter 73 based on specific characteristics like diameter, wall thickness, or intended use, failing to adhere 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.
How should importers classify products under HS 988073?
The correct procedure for classifying products under HS 988073 involves first identifying the product's specific nature and then consulting Chapter 73 of the HS nomenclature. Importers and customs brokers must meticulously examine product descriptions, technical specifications, and intended uses to locate the most precise subheading within Chapter 73. Utilizing official tariff databases, such as the USITC HTS or the EU TARIC, is crucial for accurate determination, ensuring compliance with all relevant notes and legal texts.
How is the duty calculated for products under HS 988073?
A shipment of 1,000 kilograms of uncoated carbon steel pipes, declared at a customs value of $2,500 USD, would attract a US duty of $75.00. This is calculated using the Most Favored Nation (MFN) duty rate of 3.0% ad valorem, applied to the declared value ($2,500 USD × 0.03 = $75.00). This calculation is based on the rates published in the USITC Harmonized Tariff Schedule for a relevant subheading within Chapter 73, to which HS 988073 directs classification.
Which trade agreements reduce duties for HS 988073?
Several free trade agreements may reduce the applicable duty rate for HS 988073, including the United States-Mexico-Canada Agreement (USMCA) and the Generalized System of Preferences (GSP) for eligible developing countries. For USMCA, originating goods from Canada or Mexico may receive a duty rate of Free, provided a valid origin declaration is submitted. For GSP beneficiaries, preferential rates can be significantly reduced, sometimes to Free, requiring a GSP Form A. The specific documentation and eligibility criteria vary by country and agreement.
```Which HS Codes Are Related?
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FAQ
What are the typical import duty rates for HS code 988073, classified under Chapter 73?
HS code 988073 itself does not represent a specific product but rather a placeholder for items classified within Chapter 73 of the Harmonized System, which covers 'Articles of iron or steel'. The actual duty rates will depend on the specific subheading within Chapter 73 that the imported article falls under, the country of origin, and the importing country's tariff schedule. For example, under the US tariff schedule, a common subheading like 7307.11.00 (for pipe or tube fittings of cast iron or steel, not threaded) might have a Most Favored Nation (MFN) duty rate of 5% ad valorem. It is crucial to determine the precise 6-digit HS code within Chapter 73 for accurate duty assessment. Always consult the official tariff schedule of the importing country, such as the USITC Harmonized Tariff Schedule or the EU's TARIC database.
How is the import duty calculated for an item classified under HS 988073 (Chapter 73)? Provide an example.
The calculation depends on the specific HS subheading within Chapter 73 and the duty rate applied. Duties can be ad valorem (a percentage of the value), specific (a fixed amount per unit), or a combination. For instance, if an importer brings in 1,000 kilograms of steel wire (a hypothetical item within Chapter 73, let's assume a specific subheading with a rate of $0.10 per kilogram) and the declared customs value is $5,000, the duty calculation would be: 1,000 kg * $0.10/kg = $100. If the duty were ad valorem at 5%, the calculation would be: 5% of $5,000 = $250. The importer must use the rate applicable to the exact HS code and the declared value or quantity.
What documentation is typically required for goods classified under HS code 988073 (Chapter 73)?
Documentation requirements for goods classified under Chapter 73 are generally standard for international trade but may have specific additions based on the product's nature and origin. Essential documents include a commercial invoice detailing the value, quantity, and description of the goods; a packing list; a bill of lading or air waybill; and a certificate of origin. Depending on the specific steel product and its country of origin, additional certifications might be needed, such as compliance with specific quality standards (e.g., ASTM for US imports), or import licenses if the item is subject to quotas or trade restrictions. Always verify the specific requirements with the customs authority of the importing country.
Do trade agreements, such as USMCA or EU Free Trade Agreements, offer preferential duty rates for goods classified under HS 988073 (Chapter 73)?
Yes, trade agreements can significantly impact duty rates for goods classified under Chapter 73. For example, under the United States-Mexico-Canada Agreement (USMCA), many goods of North American origin may qualify for reduced or zero duty rates. Similarly, the European Union has numerous Free Trade Agreements (FTAs) with third countries that can provide preferential tariffs for articles of iron and steel. To claim preferential treatment, importers must typically provide a valid Certificate of Origin demonstrating that the goods meet the rules of origin stipulated in the relevant trade agreement. It is essential to consult the specific provisions of applicable trade agreements and the importing country's tariff database (e.g., USITC HTS, EU TARIC) to determine eligibility and required documentation.
What are the key classification criteria for determining the correct HS subheading within Chapter 73 for HS code 988073?
The classification criteria for Chapter 73 are primarily based on the type of article, the material composition (specifically iron or steel), the manufacturing process, and its intended use. Key distinctions are made between:
- Form of the article: e.g., bars, rods, wire, plates, sheets, tubes, pipes, fittings, structures, tools, etc.
- Method of manufacture: e.g., hot-rolled, cold-rolled, cast, forged, welded.
- Surface treatment: e.g., galvanized, tinned, plated, painted.
- Specific characteristics: e.g., hollow sections, seamless vs. welded tubes. For example, distinguishing between a steel bar (heading 7214) and a steel wire (heading 7217) depends on their dimensions and cross-sectional shape. For articles of iron or steel further manufactured, like pipes and tubes (heading 7303-7306), the criteria include whether they are seamless or welded, their diameter, and wall thickness. Accurate classification requires careful examination of the product's physical characteristics against the descriptive notes and headings within Chapter 73 of the Harmonized System Nomenclature, as interpreted by official sources like the WCO.