Monex Monetary Gold Granules
Granular gold in powder form, with 90% or more passing a 0.5mm sieve, issued with legal tender certificates for small transactions. It qualifies under 7108.20.00 as monetary gold in powder form, per the subheading note for powder.
Import Duty Rates by Country of Origin
| Origin Country | MFN Tariff | Surtaxes | Total Effective Rate |
|---|---|---|---|
| 🇨🇳China | Free | — | Free |
| 🇲🇽Mexico | Free | — | Free |
| 🇺🇸United States | Free | — | Free |
| 🇩🇪Germany | Free | — | Free |
| 🇯🇵Japan | Free | — | Free |
Alternative Classifications
This product could be classified differently depending on its characteristics or intended use.
If the granules are not designated as monetary
Non-monetary gold powder falls under a different subheading.
Not sure which classification is right?
The Tariff Assistant works through the GRI rules on your specific product to reach the right tariff item — and can price the duty on it in the same conversation.
Import Tips & Compliance
• Ensure the granules meet the powder definition (90% passing 0.5mm sieve) for correct classification
• Provide the legal tender certificate and face value to CBSA
• Package granules securely and declare them as monetary gold, not as scrap
Related Products under Tariff item 7108.20.00
American Gold Eagle One Ounce Coin
A one-ounce gold bullion coin minted as legal tender, containing 22-karat gold alloyed for durability. It qualifies as monetary gold under tariff item 7108.20.00 because it is issued with a face value and recognized as a medium of exchange, not merely as a commodity.
Austrian Philharmonic Gold Coin
A one-ounce .9999 fine gold coin issued as euro legal tender by the Austrian Mint. It is classified under 7108.20.00 as monetary gold because it carries a nominal face value and is intended for circulation as money, despite being primarily a bullion product.
British Gold Sovereign Coin
A British gold coin containing 0.2354 troy ounces of 22-karat gold, issued as legal tender by the Royal Mint. It falls under 7108.20.00 as monetary gold because it is a circulating coin with a face value, not just a gold ingot.
Canadian Gold Maple Leaf Coin
A one-ounce .9999 fine gold bullion coin produced by the Royal Canadian Mint, recognized as legal tender with a face value. It qualifies under 7108.20.00 as monetary gold because it is issued for monetary purposes and circulates as a coin.
Chinese Gold Panda Coin
A legal tender gold bullion coin from the China Mint, available in sizes up to one ounce and designated for monetary use. It is classified under 7108.20.00 as monetary gold because it carries a face value and is issued as circulating currency.
Monetary Gold Bar Legal Tender Certificate
Gold bars accompanied by legal tender certificates that assign a fixed monetary value, making them semi-manufactured monetary gold. These bars qualify under 7108.20.00 because the certificate establishes their status as money, not just as bullion.