Monex Monetary Gold Granules
Monetary gold granules in powder form, issued by Monex with legal tender certificates for small-denomination transactions. These granules pass a 0.5mm sieve and qualify as monetary gold in powder form under tariff item 7108.20.00, which includes monetary gold in powder form.
Import Duty Rates by Country of Origin
| Origin Country | MFN Tariff | Surtaxes | Total Effective Rate |
|---|---|---|---|
| π¨π³China | Free | β | Free |
| π²π½Mexico | Free | β | Free |
| πΊπΈUnited States | Free | β | Free |
| π©πͺGermany | Free | β | Free |
| π―π΅Japan | Free | β | Free |
PGA flags
No agency flag on this HTS number in the CBSA Single Window matching criteria.
CBSA Single Window matching criteria, unknown
Alternative Classifications
This product could be classified differently depending on its characteristics or intended use.
If the granules are not designated as monetary gold
Non-monetary gold powder is classified under this subheading for gold in powder form.
Not sure which classification is right?
The Tariff Assistant works through the GRI rules on your specific product to reach the right tariff item β and can price the duty on it in the same conversation.
Import Tips & Compliance
β’ Confirm that the granules meet the subheading note definition of powder (90% or more by weight passing a 0.5mm sieve)
β’ Keep the legal tender certificates with the shipment to prove monetary character
β’ Declare the product as monetary gold powder under tariff item 7108.20.00 to benefit from duty-free treatment
Related Products under Tariff item 7108.20.00
American Gold Eagle One Ounce Coin
The American Gold Eagle is an official gold bullion coin minted by the United States Mint, containing one troy ounce of pure 24-karat gold alloyed to 22-karat for durability. It is legal tender and thus qualifies as monetary gold under tariff item 7108.20.00.
Austrian Philharmonic Gold Coin
The Vienna Philharmonic gold coin features one troy ounce of .9999 fine gold, minted by the Austrian Mint as euros legal tender for monetary purposes. It qualifies as monetary gold under tariff item 7108.20.00.
British Gold Sovereign Coin
The Gold Sovereign is a British coin containing 0.2354 troy ounces of 22-karat gold, issued as legal tender by the Royal Mint with ongoing monetary designation. It is classified as monetary gold under tariff item 7108.20.00.
Canadian Gold Maple Leaf Coin
The Canadian Gold Maple Leaf is a bullion coin produced by the Royal Canadian Mint, featuring one troy ounce of .9999 fine gold and recognized as legal tender with monetary value. It falls under tariff item 7108.20.00 as monetary gold.
Chinese Gold Panda Coin
The Gold Panda is a legal tender bullion coin from the China Mint containing pure gold (various sizes up to 1 oz) designated for monetary use. It falls under tariff item 7108.20.00 as semi-manufactured monetary gold.
Monetary Gold Bar Legal Tender Certificate
A gold bar issued by a jurisdiction with an attached legal tender certificate designating a fixed monetary value. This semi-manufactured monetary gold qualifies for duty-free treatment under tariff item 7108.20.00, which covers monetary gold in semi-manufactured forms.