Question 1

What is the import duty rate for Jewellery & Precious Metals in Canada?

Accepted Answer

The MFN (Most Favoured Nation) import duty rate for Jewellery & Precious Metals (HS 7113 / 7114) in Canada is 0% on the FOB value. HS 7113. Precious metal jewellery enters Canada duty-free.

Question 2

Is GST/HST charged on Jewellery & Precious Metals imports to Canada?

Accepted Answer

Yes. Canada charges GST/HST at 5% on the FOB value plus any import duty. This applies to virtually all commercial imports.

Question 3

Are there FTA rates available for Jewellery & Precious Metals in Canada?

Accepted Answer

Canada has free trade agreements with CUSMA/USMCA (US, Mexico), CETA (EU), CPTPP, Canada–Korea FTA, Canada–Chile FTA. Check whether your origin country qualifies for a preferential rate on HS 7113 / 7114.

Question 4

How is import duty calculated for Jewellery & Precious Metals entering Canada?

Accepted Answer

Duty is calculated on the FOB value of the goods. FOB value is the transaction value at the port of export. The MFN duty of 0% is applied to this value. GST/HST (5%) is then applied on the FOB value plus duty.

Canada Import Duty Rate for Jewellery & Precious Metals

How duty is calculated

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Jewellery & Precious Metals duty rates in other markets