Lane profile
Import duty on HS 72 from South Korea to Australia
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 South Korea.
2.9%
MFN median (50 lines sampled)
$1,320
Duty + tax + fees on $10,000 goods
Landed cost
$11,320
All-in delivered value (FOB $10,000)
$10,000 sample stack (South Korea to Australia)
| Line | Rate | Amount |
|---|---|---|
| Customs DutyDUTY | 2.9% | $291 |
| GST on VoTIGST | 10.0% | $1,029 |
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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