Air Freight News

US customs service publishes ruling for gold bars tariff classification

Argor-Heraeus' CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. REUTERS/Denis Balibouse/File Photo

The U.S. Customs and Border Protection Service said on its website on Friday that the HS customs code of 7108.13.5500 should be used for deliveries of gold kilo bullion bar and 100 ounce bullion bar to the United States.

The ruling, published on its website, was its reply from July 31 in regards to cast gold bars from Switzerland, clarifying what HS customs codes should be used for U.S. most-traded sizes of gold products.

(Reporting by Polina Devitt; Editing by Louise Heavens)

Reuters
Reuters

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