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%Section 301 (forced labor) — additional 10% ad valorem on products of Mexico
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