What is the import duty for HS Code 1703?

The general duty rate for HS Code 1703 is 0%. Special rates may apply for countries with Free Trade Agreements.

← 1702.90.90.00 1703.10 →

HARMONIZED SYSTEM CODE

HS Code 1703

General Duty Rate

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Official Classification

Molasses resulting from the extraction or refining of sugar:

🤖 AI Analysis

HS Code 1703 covers molasses that is produced during the extraction or refining process of sugar. This classification includes various types of molasses, such as cane molasses and beet molasses, which are typically used in food manufacturing, animal feed, and fermentation industries. Molasses serves as a sweetener, flavoring agent, and nutritional supplement for livestock. For U.S. importers, the general duty rate for products classified under HS Code 1703 varies, depending on the specific type of molasses and the country of origin. It is crucial for business owners to understand these duty implications, as they can significantly affect the overall cost of importing molasses and influence pricing strategies in competitive markets.

Unit of Measurement

No specific unit