HS Code 1202
Official Classification
Peanuts (ground-nuts), not roasted or otherwise cooked, whether or not shelled or broken:
🤖 AI Analysis
HS Code 1202 covers unroasted or uncooked peanuts, also known as ground-nuts, whether they are shelled or broken. This classification includes raw peanuts that are commonly used in the food industry, particularly for making peanut butter, snacks, and cooking ingredients. Additionally, they serve as a key ingredient in various products such as confections and health foods. The general duty rate for imports under this code varies, making it essential for importers to consult the latest customs tariff schedules to determine applicable rates and potential costs. Understanding the duty implications is crucial for budgeting and pricing strategies in the competitive food market. Proper classification and adherence to customs regulations can help streamline the import process and enhance profitability.
Frequently Asked Questions
How much is the duty for HS Code 1202?
The standard general duty rate for importing goods under HS Code 1202 into the US is 0% based on the current Harmonized Tariff Schedule.
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