HS Code 1511.10.00.00
Official Classification
Crude oil
🤖 AI Analysis
HS Code 1511.10.00.00 classifies crude oil, which primarily includes unrefined petroleum extracted from the earth. This category encompasses various types of crude oil used extensively in the energy sector, particularly for refining into fuels such as gasoline, diesel, and jet fuel, as well as for the production of petrochemicals. Industries such as transportation, manufacturing, and energy generation heavily rely on crude oil as a fundamental raw material. Importantly, this classification carries a general duty rate of 0.0000%, meaning that U.S. importers can bring in crude oil without incurring additional customs duties. This favorable duty rate supports the competitiveness of domestic refineries and the broader energy market, allowing businesses to optimize their supply chains
Frequently Asked Questions
How much is the duty for HS Code 1511.10.00.00?
The standard general duty rate for importing goods under HS Code 1511.10.00.00 into the US is 0.0000% based on the current Harmonized Tariff Schedule.
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