Silver Bullion Bars

Rectangular bars of unwrought silver, typically 99.9% pure, produced by refineries for investment purposes. Classified under HTS 7106.91.10.10 as silver bullion in unwrought form, valued primarily for its precious metal content rather than industrial processing.

Import Duty Rates by Country of Origin

Origin CountryMFN RateCh.99 SurchargesTotal Effective Rate
🇨🇳ChinaFree+25.0%25%
🇲🇽MexicoFreeFree
🇨🇦CanadaFreeFree
🇩🇪GermanyFreeFree
🇯🇵JapanFreeFree

Alternative Classifications

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

7106.92.50.00Higher: 38% vs 25%

If containing 999 parts per thousand of silver

Silver with 99.9% purity or higher falls under subheading for certified fine silver bullion.

7112Lower: 10% vs 25%

If processed into dore bars for further refining

Dore (unrefined bullion) is classified separately under waste and scrap heading.

7106.91Same rate: 25%

If in powder form passing 0.5mm sieve

Silver powder meeting subheading note criteria shifts to powder form classification.

Not sure which classification is right?

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Import Tips & Compliance

Obtain certificates of purity from accredited refineries like LBMA to verify 99.9% silver content for classification as unwrought bullion

Declare exact weight and value accurately; underreporting can lead to penalties under precious metals import regulations

Ensure compliance with FinCEN reporting for shipments over $10,000 to avoid customs holds