Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 15151900 - Linseed Oil: An Overview of Product Description, Tariff Rates, and Special Tariff Preference Programs

The HS Code 15151900 refers to linseed oil, other than crude, and its fractions, whether or not refined, and not chemically modified. This article will provide an extensive overview of this HS code, including its product description, bound/MFN duty rate, quantity unit, and special tariff preference programs.

Product Description

Linseed oil, classified under HS Code 15151900, is a type of vegetable oil derived from flaxseeds. It is commonly used in various industries such as paint, varnish, and wood finishing due to its drying properties. Linseed oil is known for its high content of alpha-linolenic acid, a type of omega-3 fatty acid, which makes it a popular choice for health-conscious consumers.

It is important to note that HS Code 15151900 specifically refers to linseed oil that is not in its crude form and has undergone refining processes. Additionally, the oil should not have undergone any chemical modifications.

Bound/MFN Duty Rate

The bound/MFN (Most Favored Nation) duty rate for HS Code 15151900 is 6.3 cents per kilogram (kg). The MFN duty rate is applicable every time a country lowers a trade barrier or opens up a market. This rate ensures that all trading partners receive the same treatment for the importation of linseed oil under this HS code.

Quantity Unit

The quantity unit for HS Code 15151900 is kilograms (kg). This unit of measurement is used to determine the weight of linseed oil being imported or exported.

Special Tariff Preference Programs

HS Code 15151900 is eligible for several special tariff preference programs that provide benefits such as duty-free treatment or reduced tariffs for specific countries or regions. The following are some of the special tariff preference programs applicable to the importation of linseed oil under this HS code:

• Free Trade Agreement (FTA) with Australia (A+): Imports from Australia enjoy duty-free treatment.
• Special Rate for Bahrain: Imported linseed oil from Bahrain is subject to a special tariff rate.
• North American Free Trade Agreement (NAFTA) for Canada: Linseed oil imports from Canada receive duty-free treatment.
• Special Rate for Chile: Linseed oil imported from Chile is subject to a special tariff rate.
• Africa Growth and Opportunity Act (AGOA): Linseed oil imports from eligible African countries under AGOA receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Linseed oil imports from eligible Caribbean countries under CBI receive duty-free treatment.
• Israel Special Rate: Imported linseed oil from Israel is subject to a special tariff rate.
• Andean Trade Preference Act (ATPA): Linseed oil imports from eligible Andean countries under ATPA receive duty-free treatment.
• Special Rate for Jordan: Imported linseed oil from Jordan is subject to a special tariff rate.
• Special Rate for Morocco: Linseed oil imported from Morocco is subject to a special tariff rate.
• NAFTA for Mexico: Linseed oil imports from Mexico receive duty-free treatment.
• Special Rate for Oman: Imported linseed oil from Oman is subject to a special tariff rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Linseed oil imports from eligible countries under DR-CAFTA receive duty-free treatment.
• Special Rate for Peru: Imported linseed oil from Peru is subject to a special tariff rate.
• Special Rate for Singapore: Linseed oil imported from Singapore is subject to a special tariff rate.

These special tariff preference programs aim to promote trade and economic cooperation between the United States and the participating countries or regions.

HS Code 15151900 represents linseed oil, other than crude, and its fractions, whether or not refined, and not chemically modified. This article provided a comprehensive overview of this HS code, including its product description, bound/MFN duty rate, quantity unit, and special tariff preference programs. Understanding these details can help businesses navigate the importation and exportation of linseed oil under this HS code more effectively.