7316.00.00.00 - Anchors, grapnels and parts thereof, of iron or steel
Details
| Field | Value |
|---|---|
| Unit of Quantity | No., kg |
| General Rate of Duty | Free |
| Special Rate of Duty | N/A |
| Column 2 Rate of Duty | 25% |
| Quota Quantity | N/A |
| Additional Duties | N/A |
Overview
HTS code 7316.00.00.00 specifically classifies anchors, grapnels, and their constituent parts, provided these items are manufactured from iron or steel. This category encompasses a range of maritime and anchoring devices, including, but not limited to, traditional ship anchors (such as admiralty, fluke, or plow types), grappling hooks, and associated components like anchor chains or shackle connections made from iron or steel. The primary function of these goods is to secure vessels or structures by embedding into the seabed or other surfaces.
This classification is distinct from other categories within Chapter 73, which covers a broader spectrum of iron and steel articles. Unlike general fasteners, structural components, or tools made from iron or steel, the items under 7316.00.00.00 are designed with the specific purpose of providing anchorage. For instance, while nails or screws made of iron or steel fall under different HTS codes, anchors and grapnels are characterized by their substantial weight, robust construction, and unique design intended for holding power. Furthermore, this code excludes anchors or grapnels made from other base metals or materials, which would be classified elsewhere in the HTS.
As a leaf node within the HTS structure, 7316.00.00.00 does not have further subcategories. Therefore, the classification of an article under this code relies solely on its identity as an anchor or grapnel, its component parts, and its material composition of iron or steel. Importers and exporters should verify that the goods precisely match the definition of an anchor or grapnel and are indeed fabricated from the specified base metals to ensure accurate customs declarations.