242 duty242
Heading 7110 ยท Chapter 71

Platinum, unwrought or in semi-manufactured forms โ€” Bahamas import duty

Most platinum, unwrought or in semi-manufactured forms are duty-free: 4 of 8 tariff lines under Heading 7110 carry no import duty, and the rest run up to 45%. It includes rhodium โ€” other, platinum โ€” other and palladium โ€” other. Duty is not the whole bill: The Bahamas adds a 1% customs processing fee (minimum $10, maximum $750) and 10% VAT on the landed cost.

4 of 8lines duty-free
0%most common rate (50% of lines)
0%โ€“45%rate range

Calculate VAT and fees on a duty-free item โ†’ All of Jewellery, Precious Stones & Metals โ†’

Tariff lines under heading 7110

HS codeDescriptionImport duty
7110.1100 Platinum โ€” Unwrought or in powder form Free
7110.1900 Platinum โ€” Other 45%
7110.2100 Palladium โ€” Unwrought or in powder form Free
7110.2900 Palladium โ€” Other 45%
7110.3100 Rhodium โ€” Unwrought or in powder form Free
7110.3900 Rhodium โ€” Other 45%
7110.4100 Iridium, osmium and ruthenium โ€” Unwrought or in powder form Free
7110.4900 Iridium, osmium and ruthenium โ€” Other 45%

Part of Jewellery, Precious Stones & Metals (chapter 71) โ€” 56 lines in total. Search the whole schedule โ†’

Schedule version 2026-2027 ยท 8 lines shown. Lines tagged verified have been individually checked against the current schedule; the rest are as published in the 2023 Tariff Act. Rates are import duty only โ€” final classification and charges are determined by Bahamas Customs.