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Scrap and waste of gold including gold plated

CN β†’ US
HS Code Tariff Rate Origin Destination Doc
7112910100 35.0% CN US Official Doc
7112990100 35.0% CN US Official Doc
7112910100 35.0% CN US Official Doc
7112920100 35.0% CN US Official Doc
7112990100 35.0% CN US Official Doc

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πŸ’Ž Gold Scrap & Waste (Including Gold-Plated)


🌐 HS Code Reference & Customs Clearance Guide | 2026 Latest Tariff Analysis | Professional Compliance Strategy
πŸ“Œ I. Product Definition & Classification: What Exactly is "Gold Scrap"?

Gold scrap and waste, including gold-plated materials, refer to precious metal residues, fragments, and industrial waste containing recoverable gold content. In international trade, these are strictly regulated as semi-raw materials or waste products, not finished jewelry or bullion.

The classification hinges on two key factors:
1. Material Composition: Must contain precious metals (primarily gold).
2. Physical Form: Must be in the form of scrap, waste, fragments, or shavings (not processed into bars or coins).

⚠️ Critical Distinction:
- If the gold is plated on base metals (e.g., gold-plated jewelry, electronics contacts), it is still classified under precious metal scrap if the primary value or intent is recovery of the gold.
- If the item is jewelry with intrinsic artistic value (not scrap), it may fall under Chapter 71 but requires different documentation. However, for industrial scrap/waste, it falls under 7112.


πŸ“¦ II. HS Code Classification Details (2026 Latest Tariff Authority)

Based on the provided data, the relevant HS Codes for gold scrap (including gold-plated) and precious metal waste are:

HS Code Product Description Physical Form Key Characteristics
7112.91.01.00 Gold scrap (including gold-plated) and precious metal waste, in the form of scrap and fragments Scrap, fragments, shavings Primary material: Gold (or gold-plated base metal)
7112.92.01.00 Precious metal scrap and waste, material and form fully matching precious metal scrap classification Scrap, fragments Generic precious metal scrap (non-specific)
7112.99.01.00 Gold scrap (including gold-plated) and gold waste/shavings, categorized under precious metal scrap and fragments Scrap, shavings, dust Specific to gold waste/shavings

πŸ” Key Notes:
- 7112.91.01.00 and 7112.99.01.00 are the most common codes for gold-specific scrap.
- 7112.92.01.00 is a broader category for all precious metals (gold, silver, platinum, etc.) in scrap form.
- All three codes carry the same tax rate due to current trade policies (see below).


πŸ’° III. 2026 Latest Tariff Rate Breakdown (Including Surcharges & Policy Add-ons)

βœ… Applicable Country: United States (US)
βœ… Origin: China (CN)
βœ… Effective Date: 2025-11-10 (and subsequent imports)

All listed HS Codes (7112.91.01.00, 7112.92.01.00, 7112.99.01.00) share the same tariff structure:

🎯 Total Tax Rate: 35.0%

Component Rate Legal Basis
Basic Tariff 0.0% Standard MFN rate for precious metal scrap
Section 301 Tariff (Additional) 25.0% USITC Footnote: Trade Remedy for China-origin goods
Section 122 Tariff (IEEPA) 10.0% International Emergency Economic Powers Act (China-specific)
Total Effective Rate 35.0% Sum of Basic + 301 + 122

πŸ“Œ Explanation:
- 0% Basic Tariff: Recognizes gold scrap as a raw material for recycling, not a finished good.
- 25% Section 301 Tariff: Imposed under the US Trade Act of 1974, Section 301, targeting Chinese-origin goods.
- 10% Section 122 Tariff: A separate surcharge under IEEPA, applied specifically to Chinese-origin precious metals and scrap.
- Total: 35%: This is a high-cost import category. Importers must factor this into their cost structure.


πŸ› οΈ IV. Customs Clearance Practical Advice (Pitfall Avoidance)

βœ… 1. Required Documentation Checklist (Mandatory)

Document Must Provide? Purpose
βœ… Commercial Invoice βœ”οΈ Clearly state "Gold Scrap, Including Gold-Plated Materials" and HS Code
βœ… Packing List βœ”οΈ Detail weight, volume, and packaging type
βœ… Certificate of Origin βœ”οΈ Prove China origin to confirm 35% rate (or seek exemption if applicable)
βœ… Material Composition Report βœ”οΈ Lab test results showing gold content % (crucial for valuation)
βœ… Export License from China βœ”οΈ Many countries require export permits for precious metals
βœ… BSA/AML Compliance Certificate βœ”οΈ Anti-Money Laundering compliance declaration
βœ… Photos of Goods βœ”οΈ Show fragments, packaging, and any markings

⚠️ Critical: Customs will verify that the goods are genuine scrap and not stolen gold or unreported bullion. Misdeclaration can lead to seizure, fines, or criminal charges.


βœ… 2. Declaration Tips (Golden Rules)

πŸ”₯ β€œDeclare Scrap, Not Jewelry; Show Composition, Not Just Weight!”

Scenario Correct Declaration Common Mistake
Gold-plated electronics waste 7112.91.01.00 – "Gold-plated electronic scrap" Declare as "Electronic Waste" (wrong chapter)
Gold shavings from jewelry making 7112.99.01.00 – "Gold waste and shavings" Declare as "Bullion" (wrong form)
Mixed precious metal scrap (gold + silver) 7112.92.01.00 – "Precious metal scrap" Split into multiple HS codes incorrectly
Clean, processed gold bars NOT 7112 Use Chapter 71 finished goods codes

βœ… 3. Special Cases & Exemptions

Case Handling Advice
Gold-plated jewelry (not scrap) If intended for resale as finished goods, do not use 7112. Use Chapter 71 finished jewelry codes (different tax rate).
Low-value scrap (< $2,500) May still be subject to de minimis rules, but gold scrap is often excluded from low-value exemptions. Confirm with CBP.
Origin from Non-China Countries If sourced from Vietnam, India, etc., the 25% Section 301 may not apply, but the 10% Section 122 might still apply if deemed Chinese-origin via transshipment.
Refined Gold vs. Scrap If the scrap is already refined into bars, it falls under 7108 (Gold in unwrought form), not 7112.

🌍 V. Global Market Comparison (2026)

Country/Region Recommended HS Code Tariff Rate (China Origin) Key Requirements
πŸ‡ΊπŸ‡Έ USA 7112.91.01.00 / 7112.99.01.00 35% (0% Basic + 25% Sec 301 + 10% Sec 122) BSA/AML, Material Composition, Export Permit
πŸ‡¨πŸ‡³ China 7112.91.00.00 0% (Import) / 13% VAT Gold Import License, Anti-Money Laundering Check
πŸ‡ͺπŸ‡Ί EU 7112.91.00 0% (Duty) + 20% VAT EORI Number, AML Compliance, Proof of Origin
πŸ‡¬πŸ‡§ UK 7112.91.00 0% (Duty) + 20% VAT Post-Brexit Rules, AML Declarations
πŸ‡ΈπŸ‡¬ Singapore 7112.91.00 0% No GST on precious metal scrap if exported

πŸ“Œ Conclusion:
- The US imposes the highest effective tax burden (35%) on Chinese-origin gold scrap.
- EU/UK/Singapore are more favorable with 0% duty, but VAT/GST applies.
- Compliance is key: All jurisdictions require strict AML (Anti-Money Laundering) and KYC (Know Your Customer) documentation.


πŸ“Œ VI. Common Mistakes & Pitfalls (Lessons Learned)

❌ Mistake 1: Declaring gold-plated jewelry as "Gold Scrap" to avoid higher duties on finished goods
πŸ‘‰ Consequence: Customs seizure, fines for misdeclaration, potential criminal charges for smuggling.

❌ Mistake 2: Ignoring the 10% Section 122 Tariff
πŸ‘‰ Consequence: Unexpected 35% total tax instead of 25%, leading to cost overruns.

❌ Mistake 3: Failing to provide material composition reports
πŸ‘‰ Consequence: Customs无法 determine duty value, leading to delayed clearance or higher estimated duties.

❌ Mistake 4: Using generic descriptions like "Metal Waste"
πŸ‘‰ Consequence: Incorrect HS Code assignment, leading to penalties and audits.

βœ… Correct Practice:

"Gold Plated Electronic Scrap, HS Code 7112.91.01.00, Gold Content: 1.2%, Weight: 50kg, Origin: China, BSA Compliant"


🎯 VII. Conclusion: Professional Compliance, Cost Efficiency

🎯 Key Takeaways:

πŸ”Ή "Gold Scrap = 35% Total Tax (US Origin: China)"
πŸ”Ή "Declare Accurately: Scrap vs. Finished Goods"
πŸ”Ή "AML & Composition Reports are Mandatory"
πŸ”Ή "Section 301 (25%) + Section 122 (10%) = 35%"


πŸ“Œ Pro Tip:

If your gold scrap is sourced from non-China countries (e.g., Vietnam, India, South Africa), investigate whether Section 301 (25%) can be avoided. However, Section 122 (10%) may still apply if there is any Chinese origin involvement.
Always request a Pre-Ruling from CBP for high-value shipments to ensure compliance.


πŸ“£ Immediate Action Required:

πŸ“ž Engage a Licensed Customs Broker
πŸ“„ Prepare AML Documentation & Composition Reports
πŸš€ Ensure Export Permits from Origin Country


✨ Precision in Classification, Safety in Compliance!
πŸ’Ό Your Gold Scrap Clearance Starts with Accurate HS Codes!

Customer Reviews

About HS Code Classification

The Harmonized System (HS) is an internationally standardized nomenclature developed by the World Customs Organization (WCO) to classify traded products. Over 200 countries use the HS system as the basis for customs tariffs, trade statistics, and import/export regulations.

Each HS code follows a hierarchical structure:

  • Chapter (2 digits) β€” Broad category of goods (e.g., Chapter 84: Machinery and Mechanical Appliances)
  • Heading (4 digits) β€” More specific grouping within the chapter
  • Subheading (6 digits) β€” Internationally standardized breakdown, used by all WCO member countries
  • National subdivisions (8-10 digits) β€” Country-specific extensions for further classification, such as US HTSUS 10-digit codes

Correct HS code classification is essential for smooth customs clearance, accurate duty payment, and compliance with trade regulations. Misclassification can lead to customs delays, overpayment of duties, or penalties.

When importing from CN to US, the applicable tariff rates may include:

  • Most-Favored-Nation (MFN) rate β€” The standard duty rate applied to WTO members
  • General rate β€” Applied to countries without trade agreements
  • Trade remedy duties β€” Additional tariffs such as Section 301 (anti-dumping), Section 232 (national security), or countervailing duties

The information provided on this page is for reference purposes only. For official classification, please consult with your local customs authority or a licensed customs broker.