1504

Analysis

Heading 1504 of the Harmonized Tariff Schedule covers fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified. It divides into 3 six-digit subheadings and 6 eight-digit tariff lines, with 7 ten-digit statistical suffixes below them.

2 of its 3 lines with a percentage rate are duty-free at the general rate (67%) and 1 are dutiable, from duty-free up to 2.5%. The median line pays duty-free.

3 of the lines carry specific or compound rates (per kilogram, per dozen and so on) rather than a percentage, so their burden depends on the unit value of the goods.

Its median rate of duty-free sits at the 23rd percentile of the headings in chapter 15.

The largest subheadings are 1504.20 (fats and oils and their fractions, of fish, other…, 3 lines), 1504.10 (fish-liver oils and their fractions, 2 lines) and 1504.30 (unnamed, 1 line).