HTS tariff line · chapter 29
2901.10.40
Derived in whole or in part from petroleum, shale oil or natural gas
Analysis
HTS 2901.10.40 covers derived in whole or in part from petroleum, shale oil or natural gas under heading 2901 (acyclic hydrocarbons).
There is no general-rate duty on this line, which puts it with roughly 26% of the 1050 tariff lines in chapter 29 that are also free. Free here means free of the base duty only: origin-specific Chapter 99 duties such as Section 301 can still be owed.
Goods from countries without normal trade relations pay the column 2 rate of 25% instead of nothing, so origin decides between free entry and a 25% duty.
The other lines in the same group are 2901.10.10 (saturated: ethane and butane, duty-free), 2901.10.30 (n-Pentane and isopentane, duty-free) and 2901.10.50 (other: other, duty-free).
Census statistics map these goods to NAICS 325110 (Petrochemical Manufacturing), an industry of 76 US establishments employing 10,888 people, the industry a domestic producer of these goods reports under.
All 3 neighbouring lines carry the same duty-free rate, so a borderline choice between them changes the statistics reported, not the duty paid.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 2901.10.10 | Saturated: ethane and butane | Free |
| 2901.10.30 | n-Pentane and isopentane | Free |
| 2901.10.50 | Other: other | Free |