Cod oil and its fractions, other than liver oil, fall under HS Code 15042020. This article aims to provide extensive information about this specific HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The product description of HS Code 15042020 refers to cod oil and its fractions, excluding liver oil. This code is used to classify and identify this specific product for international trade purposes.
When it comes to trade barriers and market openness, the bound/MFN (Most Favored Nation) duty rate for this HS code is free. This means that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This ensures fair and equal treatment in international trade.
The quantity unit for HS Code 15042020 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported cod oil and its fractions.
There are several special tariff preference programs associated with HS Code 15042020. These programs offer specific benefits and preferential treatment for imports of this product. The countries eligible for these programs include:
These special tariff preference programs aim to promote trade, economic growth, and development by providing favorable conditions for imports of cod oil and its fractions from specific countries.
HS Code 15042020 is applicable for imports and exports between various US states. While the specific exporting US states are not mentioned in the provided data, the importing US state mentioned is Alaska. This indicates that cod oil and its fractions classified under this HS code can be imported into Alaska from other US states.
HS Code 15042020 represents cod oil and its fractions, excluding liver oil, for international trade purposes. It has a free bound/MFN duty rate, and the quantity unit is kilograms. Various special tariff preference programs offer benefits and duty-free treatment for imports of this product. Furthermore, imports of cod oil and its fractions classified under this HS code can be made into Alaska from other US states.