HTS heading · chapter 15
1507
Soybean oil and its fractions, whether or not refined, but not chemically modified
Analysis
Heading 1507 of the Harmonized Tariff Schedule covers soybean oil and its fractions, whether or not refined, but not chemically modified. It divides into 2 six-digit subheadings and 3 eight-digit tariff lines, with 4 ten-digit statistical suffixes below them.
The spread of 19.1 percentage points between the cheapest and dearest lines makes misclassification expensive here. The highest rate, 19.1%, applies to 1507.10.00 (crude oil, whether or not degummed) and 1507.90.40 (other: other).
1 of its 3 lines with a percentage rate are duty-free at the general rate (33%) and 2 are dutiable, from duty-free up to 19.1%. The median line pays 19.1%.
Its median rate of 19.1% sits at the 97th percentile of the headings in chapter 15.
The largest subheadings are 1507.90 (other, 2 lines) and 1507.10 (unnamed, 1 line).
By Census's concordance, most of its statistical lines are made by Soybean and Other Oilseed Processing (311224) and Fats and Oils Refining and Blending (311225). Those are the NAICS industries a US producer of these goods would report under.
Tariff lines
| Line | Description | General rate |
|---|---|---|
| 1507.10.00 | Crude oil, whether or not degummed | 19.1% |
| 1507.90.20 | Pharmaceutical Grade meeting FDA requirements for use in intravenous fat emulsions, valued over $5/kg | Free |
| 1507.90.40 | Other: other | 19.1% |