2607.00.00.50 - Gold content 🖩

This classification, HTS Code 2607.00.00.50, specifically designates the gold content within lead ores and concentrates. It is important to note that this code does not cover the entire lead ore or concentrate, but rather the valuation or identification of the gold component present within such materials. The primary focus here is the precious metal's intrinsic value or presence as a quantifiable element within the listed mineral product.

Distinguishing this category from its siblings is crucial for accurate tariff application. While codes like 2607.00.00.10 (Copper content), 2607.00.00.20 (Lead content), 2607.00.00.30 (Zinc content), and 2607.00.00.40 (Silver content) address other metallic elements found within these ores and concentrates, 2607.00.00.50 isolates the gold. This means that if a shipment contains lead ore with gold, it would be classified based on the predominant metal (lead) and potentially also separately accounted for regarding its gold content as per specific customs regulations or valuation methods.

As a leaf node within the HTS, this classification has no further subdivisions. Therefore, classification under 2607.00.00.50 relies on the precise determination and documentation of the gold content within the relevant lead ore or concentrate. Importers and exporters should ensure they have accurate assay reports or other substantiating documentation to support the declared gold content for customs purposes, as this classification is specifically for the value or presence of gold itself, not the bulk mineral.