7118.90.00.20 - Platinum 🖩
Details
| Field | Value |
|---|---|
| Unit of Quantity | g, Pt g |
| General Rate of Duty (Column 1 - General) | Free |
| Special Rate of Duty (Column 1 - Special) | N/A |
| Column 2 Rate of Duty | Free |
| Quota Quantity | N/A |
| Additional Duties | N/A |
Overview
This classification, HTS Code 7118.90.00.20, specifically covers "Platinum." Within the broader Chapter 71, which deals with precious metals and articles thereof, this code isolates pure or predominantly platinum materials that are not otherwise specified within more granular classifications. This includes raw platinum, semi-finished forms, or articles where platinum is the principal component and is not part of a coin.
It is important to distinguish this category from its sibling, 7118.90.00.55, which is designated for "Other" coin-related items not specifically classified as gold or platinum coins. While both fall under the "Coin" parent node in this specific HTS structure, this classification focuses on platinum as a material commodity, whereas the "Other" sibling would pertain to coins of other precious metals or alloys not otherwise listed.
As a leaf node, HTS Code 7118.90.00.20 does not have further subcategories. Therefore, classification within this code will rely on confirming that the goods are indeed platinum and do not fit into any more specific HTS provisions for platinum-containing articles, such as jewelry, industrial products, or specifically designated platinum coins. The primary classification criterion is the material composition of the goods.