Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 15155000: Sesame Oil and its Fractions

Sesame oil and its fractions fall under the HS Code 15155000. This code is used to classify and identify this specific product for trade and customs purposes. 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 15155000 covers sesame oil and its fractions. This includes both refined and unrefined forms of sesame oil that have not been chemically modified. Sesame oil is a popular cooking oil and is widely used in various cuisines around the world. It is known for its distinct nutty flavor and aroma, as well as its numerous health benefits.

Duty Rates

The bound or most-favored-nation (MFN) duty rate for HS Code 15155000 is 0.68 cents per kilogram (KG). This means that every time 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 promotes fair and equal trade practices among countries.

Quantity Unit

The quantity unit for HS Code 15155000 is kilograms (KG). This is the standard unit of measurement for determining the weight or quantity of sesame oil and its fractions being imported or exported.

Special Tariff Preference Programs

There are several special tariff preference programs available for sesame oil and its fractions under HS Code 15155000. These programs provide certain countries with preferential treatment or duty-free access to the US market. Here are some of the special tariff preference programs applicable to this HS code:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible products from various developing countries.
• Australia Special Rate: Grants specific preferences for sesame oil imports from Australia.
• Bahrain Special Rate: Offers special tariff rates for sesame oil imports from Bahrain.
• NAFTA for Canada: Provides duty-free treatment for sesame oil imports from Canada under the North American Free Trade Agreement.
• Chile Special Rate: Gives preferential treatment to sesame oil imports from Chile.
• Caribbean Basin Initiative (CBI): Offers duty-free access for sesame oil imports from eligible Caribbean countries.
• Israel Special Rate: Provides duty-free treatment for sesame oil imports from Israel.
• Andean Trade Preference Act (ATPA): Grants preferential treatment to sesame oil imports from eligible Andean countries.
• Jordan Special Rate: Offers specific preferences for sesame oil imports from Jordan.
• Morocco Special Rate: Provides special tariff rates for sesame oil imports from Morocco.
• NAFTA for Mexico: Grants duty-free treatment for sesame oil imports from Mexico under the North American Free Trade Agreement.
• Oman Special Rate: Offers special tariff rates for sesame oil imports from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Provides preferential treatment to sesame oil imports from eligible DR-CAFTA countries.
• Peru Special Rate: Grants specific preferences for sesame oil imports from Peru.
• Singapore Special Rate: Offers special tariff rates for sesame oil imports from Singapore.

These special tariff preference programs aim to promote trade and economic cooperation between the United States and the countries involved. They provide opportunities for exporters and importers to benefit from reduced or eliminated tariffs, making the trade of sesame oil and its fractions more accessible and economically viable.

HS Code 15155000 represents sesame oil and its fractions. This code is used for classifying and identifying this specific product for trade and customs purposes. Understanding the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs, is essential for importers, exporters, and anyone involved in the trade of sesame oil.