HS Code 1505.00
Official Classification
Wool grease and fatty substances derived therefrom (including lanolin):
🤖 AI Analysis
HS Code 1505.00 encompasses wool grease and fatty substances derived from wool, including lanolin, which is a natural, waxy substance extracted from sheep's wool. This classification typically includes products used in various industries, such as cosmetics, pharmaceuticals, and industrial lubricants, where lanolin serves as a moisturizer, emulsifier, or protective agent. Importers should be aware that the general duty rate for these products can vary, depending on specific circumstances and trade agreements. It's essential for business owners to consult the Harmonized Tariff Schedule and potentially seek advice from a customs broker to understand the exact duty implications for their imports, as this can significantly affect overall costs and pricing strategies.
Frequently Asked Questions
How much is the duty for HS Code 1505.00?
The standard general duty rate for importing goods under HS Code 1505.00 into the US is 0% based on the current Harmonized Tariff Schedule.
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