Unwrought nonmonetary gold from India

India exported $86.3 million of unwrought nonmonetary gold (HS 7108.12) in FY2025-26, down 91% on FY2024-25. Goods made in India pay 0% to 4.1% US import duty, depending on the tariff line, against 25% to 29.1% for goods from China.

US duty from India
0%China 25%
India's exports, FY2025-26
$86MDown 90.5% on last year
HS code
7108.12Page updated 6 Nov 2026

US import duty, India vs China

India 0%
China 25%

India pays 25.0 points less on the lowest-duty line. From the USITC HTS 2026 Rev 22.

All 2 US tariff lines
HTS lineDescriptionBaseIndiaChina
7108.12.10 Other unwrought forms: Bullion and dore Free 0% 25%
7108.12.50 Other unwrought forms: Other 4.1% 4.1% 29.1%

Totals include the Section 301 duty on goods from India or China and any Section 232 metals duty. They exclude anti-dumping and countervailing duties and customs fees. Check the current rate before you quote.

India's exports of unwrought nonmonetary gold

FY2022-23 $146 million
FY2023-24 $66.0 million
FY2024-25 $910 million
FY2025-26 $86.3 million

India's exports to all countries under HS 7108.12, April to March, from DGCI&S.

Rules and other duties

EU base duty
The EU's average applied base (MFN) rate on HS 7108.12 is 0%, from 2021 data. Check the current rate in TARIC before you quote.
RoDTEP
India's schedule lists 0% of FOB value for exporters. The scheme was notified until 30 September 2026, so check with DGFT whether it's been extended.
India's export policy
Free to export, with no licence needed.

Common questions

What is the US import duty on unwrought nonmonetary gold from India?

0% to 4.1% on the 2 US tariff lines under HS 7108.12, including the Section 301 duty on Indian goods and any Section 232 metals duty. Goods from China pay 25% to 29.1%. Anti-dumping duties and customs fees aren't included.

What is the HS code for unwrought nonmonetary gold?

7108.12, under heading 7108 (Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form). Check the exact 8-digit or 10-digit line with your customs broker, since duty can differ between lines.

Does India export unwrought nonmonetary gold?

Yes. India exported $86.3 million under HS 7108.12 in FY2025-26, according to DGCI&S, the Ministry of Commerce's trade statistics body.