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Investment Grade Platinum Bar

Investment grade platinum bars, stamped with weight and purity, are unwrought forms of platinum. They are classified under tariff item 7110.19.00 as 'other' platinum, as they are not powder and are not further worked beyond casting and stamping.

Import Duty Rates by Country of Origin

Origin CountryMFN TariffSurtaxesTotal Effective Rate
🇨🇳ChinaFree—Free
🇲🇽MexicoFree—Free
🇺🇸United StatesFree—Free
🇩🇪GermanyFree—Free
🇯🇵JapanFree—Free

More Specific Codes

This product may fall under a more specific subheading:

Alternative Classifications

This product could be classified differently depending on its characteristics or intended use.

7110.11.00Same rate: Free

If the bars are in powder form (90% or more passing through a 0.5mm sieve)

Powder is specifically classified under a different subheading.

7110.21.00Same rate: Free

If the bars are made of palladium instead of platinum

Palladium is a separate precious metal with its own 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 bars are marked with weight and purity to facilitate CBSA classification

• Keep purchase invoices and assay certificates to prove platinum content and value

• Verify if the bars qualify for duty relief under any applicable trade agreements