Import trade restrictions for 7108000000 80
Origin Origin country | Start | Duty / Tax | Legal
Legal base
Measure type | |
---|---|---|---|---|
1011
|
ERGA OMNES 1011 | 01/01/2005
|
0.000 % | Regulation 2261/98
Third country duty
103
|
1011
|
ERGA OMNES 1011 | 01/01/2008
|
GRM | Regulation 2658/87
Supplementary unit
109
|
SY
|
Syria SY | 13/03/2012
|
Cond: Y cert: Y-920 (29):; Y (09): | Regulation 0168/12
Import control on restricted goods and technologies
711
|
KP
|
North Korea (Democratic People’s Republic of Korea) KP | 01/02/2018
|
Cond: Y cert: Y-945 (29):; Y cert: Y-946 (29):; Y (09): | Regulation 2062/17
Import control on luxury goods
728
|
KP
|
North Korea (Democratic People’s Republic of Korea) KP | 28/06/2018
|
Regulation 1509/17
Import prohibition
277
|
|
RU
|
Russian Federation RU | 22/07/2022
|
Cond: Y cert: Y-843 (29):; Y (09): | Regulation 1269/22
Import control
707
|
Explanation of trade restrictions
Erga Omnes means "for all".
Third countries are countries that are not part of the EU.
GSP means "Generalised System of Preferences".
GSP Plus means "Generalised System of Preferences Plus".
European Economic Area (EEA) means all EU member states and Iceland, Liechtenstein and Norway.
OCTs stands for "Overseas Countries and Territories". They are countries and territories that are not part of the EU. More information
CARIFORUM is a regional economic integration organisation comprising 15 Caribbean Community (CARICOM) countries and the Dominican Republic.
SADC EPA stands for "Southern African Development Community - Economic Partnership Agreement".
Duty means "customs duties".
Information
When importing or exporting "Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form", it is crucial to have the correct HS code or TARIC code. The HS code 7108000000 80 serves as the standard code for this product, ensuring that the appropriate duties and taxes are applied when crossing international borders.
To ensure your business transactions run smoothly when importing or exporting "Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form", consider the following points:
- Inform yourself about the specific import and export regulations in the countries involved. This includes possible restrictions, taxes, and duties applicable to "Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form".
- Check if any additional licenses, permits, or certificates are required to import "Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form" into the destination country or export it from the country of origin.
- Make sure your trading partners have valid identification numbers, such as EORI numbers (Economic Operators Registration and Identification) in the EU, to streamline trade and minimize delays.
- Ensure that all trade- and customs-related documents (such as commercial invoices, packing lists, certificates of origin, and insurance policies) are accurately completed and adhere to the respective national regulations.
- Keep an eye on the current exchange rates, as well as packaging, shipping, and insurance costs, to accurately calculate trade costs.
In summary, the HS code or TARIC code for "Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form" is 7108000000 80. Make sure you accurately use this code in all your trade and customs documents to guarantee smooth and hassle-free transactions. With these tips, you'll be better prepared for the challenges of international trade and can successfully import and export "Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form".
HS Code structure
1. Chapter
There are 21 different sections, which are divided into 96 chapters. Exceptional chapters include chapter 77, which is reserved for future use, chapters 98 and 99, which are limited at national level, and chapter 99, which is a specific code for temporary changes. In the example above, chapter 71 was selected for natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
2. Heading
The heading determines the specific category within a certain chapter. In the example above, the 08 refers to Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form.
HS Code tree structure
7100000000 80
Chapter NATURAL OR CULTURED PEARLS, PRECIOUS OR SEMI-PRECIOUS STONES, PRECIOUS METALS, METALS CLAD WITH PRECIOUS METAL, AND ARTICLES THEREOF; IMITATION JEWELLERY; COIN
7108000000 80
Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form
7108110000 10
- Non-monetary
7108110000 80
- - Powder
7108120000 80
- - Other unwrought forms
7108130000 80
- - Other semi-manufactured forms
7108131000 80
- - - Bars, rods, wire and sections; plates; sheets and strips of a thickness, excluding any backing, exceeding 0,15 mm
7108138000 80
- - - Other
7108200000 80
- Monetary