What is the import duty for HS Code 1508.10.00.00?

The general duty rate for HS Code 1508.10.00.00 is 0%. Special rates may apply for countries with Free Trade Agreements.

← 1508 1508.90.00.00 →

HARMONIZED SYSTEM CODE

HS Code 1508.10.00.00

General Duty Rate

💸

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Official Classification

Crude oil

🤖 AI Analysis

HS Code 1508.10.00.00 classifies crude oil, which refers to unrefined petroleum extracted from the earth. This category encompasses raw oil used primarily as a fuel source and as a vital input in various industries, notably in the production of gasoline, diesel, and other petrochemical products. Crude oil is essential for energy generation, transportation, and manufacturing processes. Importers should be aware that the general duty rate for crude oil can vary, depending on current trade agreements and regulations. It is crucial to consult the latest Customs guidelines to understand the specific duty implications for their shipments, as these can significantly affect overall import costs and pricing strategies. Proper classification and awareness of duty rates are vital for compliance and financial planning in international trade

💰 Special / FTA Rate

0.0000%

Available for eligible countries

Unit of Measurement