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Customs Clearance of Precious Metals, Silver Nitrate, and Gold Compounds in Iran (HS Codes + Documents & Permits)

Clearing precious metals, silver nitrate, and gold compounds
Clearing precious metals such as gold, silver, and platinum, together with chemical compounds like silver nitrate and gold compounds, requires close attention and knowledge of the special laws and regulations in this area. Given their high economic value, security sensitivities, and diverse industrial/non-industrial uses, these goods are subject to strict customs oversight.

For timing and cost estimates to clear gold, silver, platinum, and silver nitrate, contact Saba Tarkhis.

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1) Gold & Silver Compounds (Silver Nitrate and Other Chemical Compounds)

Silver Nitrate

Silver Nitrate (AgNO₃) is one of the most important silver salts. Owing to its distinctive chemical and physical properties, it is used across many industries as well as in medical and industrial applications. With high water solubility and silver-ion release, especially in aqueous media, it is a strong antibacterial and disinfectant. This makes it useful for treating skin wounds and local infections. In medicine, silver nitrate is used to disinfect wounds, cauterize unwanted tissue (e.g., warts), and in treating certain eye inflammations. Thanks to its antibacterial power, it also appears in hygiene and medical products. In photography, it serves as a precursor for photosensitive materials; in electroplating it acts as an oxidizing agent for silver coating on metals; in mirror-making it is key to producing reflective layers; and it can catalyze certain chemical reactions.

Gold Compounds

Gold chemical compounds—especially in nanotechnology and pharmaceuticals—play vital roles. Notable examples include gold chloride (AuCl₃) and colloidal gold. Gold chloride is a precursor for synthesizing other gold compounds and refining gold from ore. Colloidal gold, a form of gold nanoparticles, features high chemical stability, unique optical properties, and biocompatibility, so it’s used in biomedical imaging, diagnostics, and even cancer therapy. Due to their low reactivity and excellent corrosion resistance, gold compounds are also used in sensitive industries such as electronics and light-sensitive materials.

2) Key Points in Clearing Precious Metals and Chemical Compounds

1. Tariff Determination and HS Codes

Accurate determination of customs tariffs and HS Codes (Harmonized System) for importing/exporting precious metals and their related chemical compounds is critical. HS Codes, as the global standard for classifying goods, drive duty rates, required permits, and import/export requirements. For example:
Gold: HS 7108 covers gold products and compounds, categorized by form, fineness, and use.
Silver: HS 7106 covers silver and its products, including raw, semi-manufactured, and certain related items.
Silver nitrate: HS 2843 covers silver nitrate and other inorganic silver compounds.
Correct HS selection reduces clearance errors, minimizes customs costs, and helps avoid legal issues.

2. Required Permits and Documents

Clearing precious metals requires presenting a set of legal documents and permits issued by different authorities, varying by metal/compound and origin/destination. For example:
Gold & silver imports: require permits from the Central Bank of Iran and the National Standards Organization, including approvals for karat/fineness and authenticity.
Silver nitrate: may require health and safety approvals from the Ministry of Health and the Department of Environment, especially for medical or sensitive industrial uses.
Tax and insurance documents: proof of tax payments and cargo insurance must accompany the clearance file.

3. Transport and Storage Conditions

Given their value and sensitivities, transport and storage of precious metals and their compounds must meet strict standards. For example, silver nitrate, a strong oxidizer, should be stored dry and cool, away from heat sources and flammables; shipping requires moisture-resistant packaging and proper hazard labels.
Gold & silver: must be transported and stored under strong security protocols—secure vehicles, reputable carriers, and full insurance are essential. In warehouses, use certified safes and advanced surveillance systems.

4. Security & Protection Controls

Security controls are crucial due to high value:
Physical security & surveillance: guards, CCTV, and alarms to prevent theft and unauthorized access.
Tracking technologies: GPS and RFID to monitor shipment location in transit.
Cargo insurance: all precious-metal shipments should be fully insured to cover potential losses.

3) Sample HS Code Table

Goods Short Description HS Code
Gold and articles thereof By form/fineness/end-use 7108
Silver and articles thereof Raw/semi-manufactured and related items 7106
Silver nitrate (and inorganic silver compounds) Salts/peroxides/inorganic compounds 2843

Final HS depends on form of supply, fineness, end-use, and supporting documents (Standards/Central Bank).

4) Exporter/Importer Countries & Trade Volumes

Exporting countries: major exporters of precious metals include South Africa, Russia, Canada, China, and Australia, owing to rich reserves.

Importing into Iran: Iran imports precious metals and related chemicals mainly from the UAE, Turkey, Switzerland, and India—used in jewelry, electronics, and medical industries.

Trade volumes in Iran: imports vary with global price swings and sanctions; nevertheless, Iran remains a major regional consumer of gold, silver, and platinum. Exports occur based on domestic needs and international demand.

Need precise HS Codes and Central Bank/Standards permits? Our team manages end-to-end files for precious metals and silver nitrate.

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FAQ

What are the HS Codes for gold, silver, and silver nitrate?

Gold: 7108; Silver: 7106; Silver nitrate & inorganic silver compounds: 2843. Exact classification depends on form, fineness, and end-use.

What permits are needed to import gold and silver?

Permits from the Central Bank and the National Standards Organization (karat/fineness/authenticity). For silver nitrate, depending on use, health/environmental approvals may be required.

What are safe transport & storage conditions?

Precious metals: security-supervised transport, full insurance, vault storage. Silver nitrate: dry/cool environment, moisture-proof packaging, and hazard labels.

Multimedia Suggestions

  • Image filename: precious-metals-gold-silver-nitrate-clearance-iran.jpg
  • Alt Text: Clearing gold, silver, and silver nitrate through Iranian customs | HS 7108, 7106, 2843
  • Caption: “HS Code checklist, Central Bank/Standards permits, and transport security requirements”
  • Infographic: “Document flow: Invoice → B/L → COO → Standards/Central Bank → Insurance & Escort → Clearance”

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Conclusion & Call to Action

Clearing precious metals and compounds like silver nitrate requires careful planning of documentation and heightened security/standards/banking compliance. With practical experience, Saba Tarkhis advances your case swiftly and in full compliance.

Request Expert Consultation Get a Clearance Proforma

Special Customs-Clearance Services by Saba

Saba Tarkhis, as a reputable customs broker, provides specialized services for importing and clearing precious metals (gold/silver/platinum) and related compounds like silver nitrate. Services cover expert consulting, order registration, obtaining required permits (Central Bank/Standards/Health/Environment), and comprehensive document management for a fast, trouble-free process.

Specialized services for precious metals & silver nitrate:

  • Strategic expert consulting: precise HS (gold 7108, silver 7106, silver nitrate 2843), assay/authenticity review, compliance with Standards/Central Bank.
  • Order registration & permits: order filing, follow-up on Central Bank and Standards permits, and safety permits for related chemicals.
  • Expedited clearance: coordination with customs and authorities, reduced warehouse dwell time, insured delivery.
  • Accurate documentation management: invoice/B/L/COO, assay report, insurance policy, and transport security paperwork.
  • Transport security protocols: escort planning, GPS/RFID tracking, vault storage with access control.

Contact our experts for more information.

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