HS Code for Unwrought palladium

Unwrought palladium is classified under HS code 7110.21. Chapter 71 covers natural or cultured pearls, precious or semi-precious stones, and precious metals. Palladium is categorized as a platinum-group metal (PGM). According to Chapter 71, Note 5, any alloy containing 2% or more by weight of palladium is treated as palladium. The term "unwrought" in this context includes the metal in its primary forms, such as ingots, grains, or lumps, and specifically includes palladium in powder form. This is a unique feature of Chapter 71 where powders are often grouped with unwrought forms at the 6-digit level. The classification is driven by GRI 1 and the specific subheadings for platinum-group metals. Palladium is highly valued for its use in catalytic converters, electronics, and jewelry, but in its unwrought or powder form, it is treated as a raw industrial or investment commodity.

Products Included

• Palladium ingots
• Palladium powder
• Palladium sponge
• Palladium grains
• Palladium lumps
• Palladium cast bars

Common Misclassification

Palladium is often confused with other platinum-group metals. For instance, unwrought platinum is 7110.11 and unwrought rhodium is 7110.31. Misidentification of the specific PGM can lead to significant valuation errors. Another common misclassification is with HS code 7110.29, which covers palladium in semi-manufactured forms such as wire, sheets, or tubes. If the palladium has been rolled or drawn, it can no longer be classified as unwrought. Additionally, palladium jewelry is classified under 7113.19, and palladium waste or scrap falls under 7112.92.

FAQ

What is the HS code for Unwrought palladium?

The HS code for unwrought palladium or palladium in powder form is 7110.21.

Does 7110.21 include palladium used in jewelry?

It includes the raw metal used to make jewelry, but finished jewelry pieces or semi-finished components like clasps are classified under heading 7113.