HS Code 2707.30.00.40
Official Classification
Other
🤖 AI Analysis
HS Code 2707.30.00.40 falls under Chapter 27, which includes various products derived from mineral fuels, oils, and distillation products. Specifically, this classification refers to "other" types of oils and fuels not explicitly categorized elsewhere. Common applications for products in this category can be found in industries such as energy production, manufacturing, and transportation, where these oils may serve as lubricants, fuel additives, or processing agents. Importers should note that the general duty rate for this classification varies, meaning that the applicable tariff can fluctuate based on factors such as trade agreements and the specific origin of the goods. It is crucial for business owners to stay informed about these rates, as they can significantly impact overall import costs and pricing strategies
Frequently Asked Questions
How much is the duty for HS Code 2707.30.00.40?
The standard general duty rate for importing goods under HS Code 2707.30.00.40 into the US is 0% based on the current Harmonized Tariff Schedule.
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