7115.90.05.60 - Of silver
Details
| Field | Value |
|---|---|
| Unit of Quantity | g |
| General Rate of Duty | Free |
| Special Rate of Duty | N/A |
| Column 2 Rate of Duty | Free |
| Quota Quantity | N/A |
| Additional Duties | N/A |
Overview
This HTS classification, 7115.90.05.60, specifically covers articles manufactured from silver that meet stringent criteria regarding their precious metal content and form. To fall within this category, the articles must consist of 99.5 percent or more by weight of silver. Furthermore, these silver articles must be in a rectangular or near-rectangular shape and exhibit no markings or decorations beyond essential identifying information such as weight and purity. This ensures that only basic, unadorned silver forms are classified here.
This specific classification distinguishes itself from its sibling categories by its material composition. While 7115.90.05.30 pertains to similar articles made of gold, and 7115.90.05.90 covers other precious metal articles not fitting the precise criteria, 7115.90.05.60 is exclusively for those meeting the high purity and specific shape requirements for silver. The emphasis is on the inherent precious metal value and the unembellished nature of the article itself.
As this is a leaf node, there are no further subcategories. Classification under 7115.90.05.60 is final if the article meets all stipulated conditions: being of silver, at least 99.5% pure by weight, rectangular or near-rectangular in shape, and devoid of any decorative enhancements beyond standard weight and purity markings. Examples would include simple silver bars or ingots of a rectangular form, intended for further industrial use or investment, rather than ornate jewelry or decorative items.