Platinum Investment Ingot from China
Standard 1-troy ounce cast ingot of .9995 fine platinum, unwrought and stamped for bullion trading. Falls under 7110.11.00 as unwrought platinum not further manufactured, distinct from minted coins or fabricated items.
Duty Rate — China → United States
25%
Rate breakdown
9903.88.0325%Except as provided in headings 9903.88.13, 9903.88.18, 9903.88.33, 9903.88.34, 9903.88.35, 9903.88.36, 9903.88.37, 9903.88.38, 9903.88.40, 9903.88.41, 9903.88.43, 9903.88.45, 9903.88.46, 9903.88.48, 9903.88.56, 9903.88.64, 9903.88.66, 9903.88.67, 9903.88.68, or 9903.88.69, articles the product of China, as provided for in U.S. note 20(e) to this subchapter and as provided for in the subheadings enumerated in U.S. note 20(f)
9903.03.030%Articles the product of any country, as provided for in subdivision (aa)(ii) of U.S. note 2 to this subchapter
Import Tips
• Include LBMA-approved refinery certification to avoid reclassification as scrap or semimanufactured
• Report exact fineness; pitfall is declaring fabricated ingots with engravings as unwrought
• Comply with FinCEN reporting for values over $10,000; segregate from alloyed forms