Analysis
HTS 1301.90.40 covers turpentine gum (oleoresinous exudate from living trees) under heading 1301 (lac; natural gums, resins, gum-resins and oleoresins (for example, balsams)).
The general duty rate is 1.3% of the customs value, which is above most the rates in chapter 13 (81st percentile of 13 lines with an ad valorem rate). On a shipment valued at $10,000 that is $130 in duty before any Chapter 99 additions or preference claims.
Rates on the nearby lines range from duty-free to duty-free. The costliest confusion would be with 1301.90.91 (other: other) at duty-free, a difference of 1.3 points on the customs value.
Goods that qualify under GSP, the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, and 12 others can enter duty-free instead of paying 1.3%. It is also eligible under GSP, the developing-country programme, which Congress has to renew; check whether GSP is in force on the entry date.
The other lines in the same group are 1301.20.00 (lac; natural gums, resins, gum-resins and oleoresins (for…, duty-free) and 1301.90.91 (other: other, duty-free).
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 1301.20.00 | Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams): gum Arabic | Free |
| 1301.90.91 | Other: other | Free |