HS Code 1502.10.00.20
Official Classification
Edible
🤖 AI Analysis
HS Code 1502.10.00.20 falls under Chapter 15, which covers vegetable oils and fats. Specifically, this classification includes edible oils derived from various sources, such as soybeans, sunflowers, or corn, that are suitable for human consumption. These products are commonly used in the food industry for cooking, frying, and as ingredients in processed foods, including dressings and margarine. Importers should be aware that the general duty rate for items under this classification can vary, impacting overall import costs. It is essential for businesses to stay informed about the specific duty rates applicable to their shipments, as these can affect pricing strategies and profit margins. Understanding these classifications can help ensure compliance with U.S. customs regulations while optimizing supply chain
Frequently Asked Questions
How much is the duty for HS Code 1502.10.00.20?
The standard general duty rate for importing goods under HS Code 1502.10.00.20 into the US is 0% based on the current Harmonized Tariff Schedule.
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