Lane profile
Import duty on HS 72 from Belgium to South Korea
HS chapter 72 covers iron and steel (Section XV). The stack below reflects the MFN base plus every US or destination overlay currently on file for goods originating in Belgium.
1.8%
MFN median (50 lines sampled)
1204 US$
Duty + tax + fees on $10,000 goods
Landed cost
11.204 US$
All-in delivered value (FOB $10,000)
$10,000 sample stack (Belgium to South Korea)
| Line | Rate | Amount |
|---|---|---|
| Customs dutyDUTY | 1.8% | 185 US$ |
| Korea VATVAT | 10.0% | 1019 US$ |
Related HS codes in chapter 72
720110
Nonalloy pig iron containing by weight 0.5 percent or less of phosphorus
720120
Nonalloy pig iron containing by weight more than 0.5 percent of phosphorus
720150
Alloy pig iron; spiegeleisen:
720211
Containing by weight more than 2 percent of carbon:
720219
Other:
720221
Containing by weight more than 55 percent of silicon:
720229
Other
720230
Ferrosilicon manganese
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