HS Code 1202.42.10.20
Official Classification
For use as oil stock
🤖 AI Analysis
HS Code 1202.42.10.20 refers to specific oilseeds, particularly those used as oil stock, which typically includes certain types of soybeans and other oil-rich seeds. These products are primarily used in the food industry for oil extraction and in the production of biofuels, cosmetics, and animal feed. Importers should be aware that the general duty rate for this classification varies, which means that the cost of importing these oilseeds can fluctuate based on current trade policies and agreements. It's essential for businesses to stay informed about these rates and any potential tariffs, as they can significantly impact overall import costs and pricing strategies in competitive markets.
Frequently Asked Questions
How much is the duty for HS Code 1202.42.10.20?
The standard general duty rate for importing goods under HS Code 1202.42.10.20 into the US is 0% based on the current Harmonized Tariff Schedule.
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