HS Code 1513.21.00.00
Official Classification
Crude oil
🤖 AI Analysis
HS Code 1513.21.00.00 pertains to crude oil, which includes unrefined petroleum extracted directly from the earth. This classification covers a range of crude oil types, primarily used in the energy sector for refining into gasoline, diesel, and other petroleum products. Industries such as transportation, manufacturing, and power generation rely heavily on crude oil as a fundamental raw material. Notably, this product classification has a general duty rate of 0.0000%, meaning that U.S. importers can bring in crude oil without incurring any import tariffs, which can significantly reduce costs and enhance competitiveness in the market. Understanding this classification is essential for businesses engaged in the importation and distribution of crude oil, as it facilitates smoother transactions and
Frequently Asked Questions
How much is the duty for HS Code 1513.21.00.00?
The standard general duty rate for importing goods under HS Code 1513.21.00.00 into the US is 0.0000% based on the current Harmonized Tariff Schedule.
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