Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 15159021: Nut Oils, Whether or Not Refined, Not Chemically Modified

When it comes to international trade, HS codes play a crucial role in classifying products for customs purposes. HS Code 15159021 specifically refers to nut oils that are not chemically modified and may or may not be refined. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.

Product Description

The HS Code 15159021 covers nut oils that have not undergone any chemical modification and may or may not be refined. Nut oils are extracted from various types of nuts, such as almonds, walnuts, hazelnuts, and more. These oils are widely used in cooking, cosmetics, and even as dietary supplements due to their nutritional value.

Duty Rates

According to the HS classification, the bound or most-favored-nation (MFN) duty rate for HS Code 15159021 is free. This means that countries do not impose any tariffs or taxes when importing or exporting this particular product. The MFN principle ensures that every country must lower its trade barriers or open up its markets equally for the same goods or services from all its trading partners.

Quantity Unit

The quantity unit for HS Code 15159021 is kilograms (KG). This unit of measurement is used to determine the weight of the nut oils being imported or exported. It helps in calculating shipping costs and ensuring accurate documentation for customs clearance.

Special Tariff Preference Programs

HS Code 15159021 is eligible for various special tariff preference programs, which provide additional benefits to certain countries. These programs include:

• Generalized System of Preferences (GSP) - Provides duty-free treatment for eligible countries.
• Australia Special Rate - Offers special rates for imports and exports between the US and Australia.
• Bahrain Special Rate - Provides special rates for trade between the US and Bahrain.
• NAFTA for Canada - Grants duty-free treatment for goods traded between the US and Canada under the North American Free Trade Agreement.
• Chile Special Rate - Offers special rates for imports and exports between the US and Chile.
• Caribbean Basin Initiative (CBI) - Provides special treatment for eligible countries in the Caribbean region.
• Israel Special Rate - Grants duty-free treatment for trade between the US and Israel.
• Andean Trade Preference Act (ATPA) - Offers preferential treatment for eligible countries in the Andean region.
• Jordan Special Rate - Provides special rates for imports and exports between the US and Jordan.
• Morocco Special Rate - Offers special rates for trade between the US and Morocco.
• NAFTA for Mexico - Grants duty-free treatment for goods traded between the US and Mexico under the North American Free Trade Agreement.
• Oman Special Rate - Provides special rates for imports and exports between the US and Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA) - Offers preferential treatment for eligible countries in the Dominican Republic and Central America.
• Peru Special Rate - Provides special rates for trade between the US and Peru.
• Singapore Special Rate - Offers special rates for imports and exports between the US and Singapore.

These special tariff preference programs aim to promote trade and economic cooperation between the United States and the participating countries, providing benefits such as reduced or eliminated tariffs.

Overall, HS Code 15159021 covers nut oils that are not chemically modified and may or may not be refined. With its duty-free status and eligibility for special tariff preference programs, this HS code facilitates international trade and fosters economic relationships between the United States and its trading partners.