HS Code 2305.00.00.00
Official Classification
Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of peanut (ground-nut) oil
🤖 AI Analysis
HS Code 2305.00.00.00 pertains to oilcake and other solid residues derived from the extraction of peanut oil, regardless of whether they are ground or formed into pellets. This classification includes by-products such as peanut meal, which is often used as animal feed due to its high protein content, as well as in food products, fertilizers, and various industrial applications. Industries such as agriculture and livestock farming commonly utilize these products for their nutritional value and cost-effectiveness. Importers should be aware that the general duty rate for this classification varies, which can impact overall import costs. It's crucial for businesses to stay informed about the applicable duty rates to effectively manage their supply chain and pricing strategies.
Frequently Asked Questions
How much is the duty for HS Code 2305.00.00.00?
The standard general duty rate for importing goods under HS Code 2305.00.00.00 into the US is 0% based on the current Harmonized Tariff Schedule.
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