Analysis
HTS 1504.30.00 covers fats and oils and their fractions, of marine mammals under heading 1504 (fats and oils and their fractions, of fish or marine mammals, whether or not refined, but…).
The general rate is 1.7¢/kg + 5%, a specific or compound duty rather than a simple percentage, so the effective burden depends on the unit value of the goods: cheap goods pay proportionally more than expensive ones. Importers usually convert it to an ad valorem equivalent to compare it with other lines.
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 1.7¢/kg + 5%. 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.
Census statistics map these goods to NAICS 114111 (Finfish Fishing), an industry of 1,436 US establishments employing 2,739 people. That is the industry code a US manufacturer of the same product would normally use.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 1504.10.20 | Fish-liver oils and their fractions: cod | Free |
| 1504.10.40 | Fish-liver oils and their fractions: other | 2.5% |
| 1504.20.20 | Fats and oils and their fractions, of fish, other than liver oils: cod | Free |
| 1504.20.40 | Fats and oils and their fractions, of fish, other than liver oils: herring | 1¢/kg |
| 1504.20.60 | Fats and oils and their fractions, of fish, other than liver oils: other | 1.5¢/kg + 5% |