7113 - Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metal:
Sub-classifications
Overview
HTS Code 7113 encompasses articles of jewelry and their component parts. This classification specifically pertains to items crafted from precious metal, or base metal that has been clad with precious metal. This broad category includes a wide array of adornments such as necklaces, bracelets, earrings, rings, and brooches, provided they meet the material requirements. It is crucial to note that the value and presence of precious metals are the defining characteristics for goods classified under this heading.
Distinguishing HTS 7113 from its siblings at the same level, such as live animals or agricultural products, is straightforward due to the fundamental difference in the nature of the goods. While siblings might represent agricultural commodities or industrial inputs, HTS 7113 exclusively deals with finished or semi-finished articles of adornment made with precious metals. The emphasis is on the inherent value and precious nature of the materials used in their construction, rather than their function as livestock or raw materials for other industries.
Within HTS 7113, further distinctions are made through its subcategories, primarily based on the composition of the precious metal cladding. The subcategories differentiate between jewelry made entirely of precious metal, whether solid or plated, and those made of base metal clad with precious metal. This subdivision allows for precise classification based on the underlying base material and the application of precious metal finishes, which can have implications for duty rates and import regulations.