New

Ask Wove anything about tariffs.

Try Tariff Assistant

Fine Silver Investment Ingot from Mexico

Rectangular fine silver ingot with 99.9% purity, stamped solely with fineness, weight, and serial number for investment purposes. Classifies under HTS 7106.92.10.00 due to its near-rectangular semi-manufactured form and minimal identifying markings.

Duty Rate — Mexico → United States

10%

Rate breakdown

9903.05.5510%Except for products described in headings 9903.05.85–9903.05.92 and 9903.05.94, articles the product of Mexico, as provided for in U.S. note 52 to this subchapter

Import Tips

• Obtain third-party purity certification to avoid reclassification during customs exam

• Ensure no ornamental engravings; even simple designs disqualify from this high-purity code

• Report value based on spot silver price plus fabrication premium for accurate duty calculation