HS Code 1511
Official Classification
Palm oil and its fractions, whether or not refined, but not chemically modified:
🤖 AI Analysis
HS Code 1511 encompasses palm oil and its fractions, which can be either refined or unrefined but must not be chemically modified. This classification includes a variety of palm oil products used in food production, cooking oils, cosmetics, and various industrial applications. Industries such as food manufacturing, personal care, and biofuel often rely on palm oil for its versatility and cost-effectiveness. The general duty rate for imports classified under this code varies, which means that importers should closely monitor current tariff rates and potential changes to optimize their costs. Understanding these classifications and duty implications is crucial for businesses engaged in international trade to ensure compliance and effective budgeting for import expenses.
Frequently Asked Questions
How much is the duty for HS Code 1511?
The standard general duty rate for importing goods under HS Code 1511 into the US is 0% based on the current Harmonized Tariff Schedule.
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