HS Code 1202.42.50.20
Official Classification
For use as oil stock
🤖 AI Analysis
HS Code 1202.42.50.20 pertains to certain seeds used specifically as oil stock, which means they are primarily intended for oil extraction rather than direct consumption. This classification typically includes seeds such as cottonseed, sunflower seed, or safflower seed that are processed to produce oil for various industries, including food production, cosmetics, and biofuels. The duty rate for imports under this code can vary, potentially impacting overall import costs. Importers should carefully check the current tariff rates with U.S. Customs and Border Protection, as these rates can change based on trade agreements and policy updates. Understanding these classifications and duty implications is essential for accurate cost assessment and compliance in international trade.
Frequently Asked Questions
How much is the duty for HS Code 1202.42.50.20?
The standard general duty rate for importing goods under HS Code 1202.42.50.20 into the US is 0% based on the current Harmonized Tariff Schedule.
Need Help?
Our import experts can help you classify products and optimize your duty payments.
Contact Expert🚢 Shipping for use as oil stock...?
Container rates fluctuate weekly. Compare SeaRates quotes instantly against DHL, FedEx, and Maersk to save up to 35%.
- ✓ FCL & LCL
- ✓ Air Cargo
- ✓ Door-to-Door