Question 1

What is the duty rate for oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil?

Accepted Answer

The general duty rate for HTS code 2304.00.00 (Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil) is 0.45¢/kg. Additional tariffs may apply depending on the country of origin, including Section 301, reciprocal, and Section 232 tariffs.

Question 2

What is HS code 2304.00.00?

Accepted Answer

HS code 2304.00.00 classifies "Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil" under Chapter 23 (Food Industry Residues and Waste). This code is used for U.S. customs classification and duty assessment.

Question 3

Does oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil have Section 301 tariffs?

Accepted Answer

Yes, oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil (HS 2304.00.00) is subject to Section 301 tariffs of 25% when imported from China.

2304.00.00

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