HS 988027 Classified in Chapter 27
Quick Answer: Products classified under HS code 988027 enter the UK with no specific duty rate indicated, and the EU with no specific duty rate indicated. This code is a placeholder, indicating that the actual classification falls within Chapter 27 of the Harmonized System. Chapter 27 broadly covers mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. Significant trade considerations for importers and customs brokers include the need to identify the precise HS code within Chapter 27 to determine applicable duties and any regulatory requirements. CustomTariffs aggregates this data, highlighting the importance of accurate classification for compliance.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 9880270000 | — | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 9880270000 | — | — | — |
Duty rates sourced from the USITC (US International Trade Commission) Harmonized Tariff Schedule (HTS) (accessed 2/22/2026), EU TARIC – DG TAXUD (Directorate-General for Taxation and Customs Union) (accessed 2/22/2026), and UK Trade Tariff – HMRC (His Majesty's Revenue and Customs) (accessed 2/22/2026).
Data compiled and presented by HSRates.
How to Classify This HS Code?
What products does HS 988027 cover?
This subheading covers products classified within Chapter 27 of the Harmonized System (HS) nomenclature, which pertains to mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. This broad category includes items such as coal, lignite, peat, petroleum oils and oils obtained from bituminous minerals, and their preparations, as well as waxes and other similar articles. The World Customs Organization (WCO) HS Explanatory Notes provide detailed guidance on the scope of Chapter 27, ensuring consistent international classification.
What falls outside HS 988027?
The following products are excluded from HS 988027, even if they share some characteristics with Chapter 27 materials: finished products derived from petroleum or bituminous minerals that are specifically classified elsewhere in the HS, such as plastics (Chapter 39), waxes used in cosmetics (Chapter 33), or certain lubricants that have undergone significant chemical modification. For instance, synthetic lubricants with specific additive packages are typically classified based on their primary function and chemical composition rather than their base oil origin.
What are common classification mistakes for HS 988027?
A common error is misclassifying blended fuels or processed petroleum products. For example, a fuel oil blend containing additives might be incorrectly classified under a general petroleum heading when it should be classified based on its specific end-use or composition according to General Interpretative Rule 3 of the Harmonized System. Importers must carefully consider the exact nature and intended use of the product, referencing specific product descriptions within Chapter 27 and its subheadings.
How should importers classify products under HS 988027?
The correct procedure for classifying products under HS 988027 involves a systematic approach, starting with the Section and Chapter Notes of the Harmonized System. Importers and customs brokers must first identify the most specific heading that accurately describes the product. If the product falls within the scope of Chapter 27, they should then consult the subheadings within that chapter, paying close attention to the wording and any additional notes or legal texts provided by the relevant customs authority, such as the USITC Harmonized Tariff Schedule (HTS) or the EU's TARIC database.
How is the duty calculated for products under HS 988027?
A shipment of 10,000 liters of standard diesel fuel (HS 2710.19.45) declared at a customs value of $8,000 USD would attract a US duty of $1,600.00. This is calculated using the Most Favored Nation (MFN) duty rate of 16% ad valorem, applied to the declared customs value ($8,000 USD × 0.16 = $1,600.00). This calculation is based on the duty rates published in the USITC Harmonized Tariff Schedule for the specified product.
Which trade agreements reduce duties for HS 988027?
Several free trade agreements may reduce the applicable duty rate for HS 988027, including the United States-Mexico-Canada Agreement (USMCA). Under USMCA, originating goods may be eligible for a duty rate of Free. The top origin countries benefiting from such preferential rates for products within Chapter 27 would typically include Canada and Mexico. To claim preference under USMCA, a self-certified origin statement is generally required, detailing the basis for the claim of origin.
```Which HS Codes Are Related?
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FAQ
What are the typical import duty rates for HS code 988027, which is classified under Chapter 27?
HS code 988027 falls under Chapter 27 of the Harmonized System, which covers 'Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes.' Duty rates vary significantly by jurisdiction and the specific product within Chapter 27. For example, under the U.S. Harmonized Tariff Schedule (USHTS), most products in Chapter 27 are subject to the Most Favored Nation (MFN) duty rate, which can range from 0% ad valorem for certain crude oils and basic petroleum products to higher rates for refined products like gasoline or lubricating oils. For specific rates, consult the USITC's HTSUS database. In the EU, the TARIC system provides detailed rates, often with specific rates (e.g., EUR per 1000 liters) or ad valorem percentages, depending on the product. The UK Trade Tariff offers similar detailed information for imports into the United Kingdom.
How is the import duty for a product classified under HS 988027 calculated, and can you provide an example?
The calculation method depends on whether the duty is ad valorem (a percentage of the value) or specific (a fixed amount per unit of quantity). For instance, if a specific type of lubricating oil classified under HS 988027 has an ad valorem duty rate of 5% in the importing country, and its customs value is $10,000, the duty would be $10,000 × 5% = $500. If the duty were specific, for example, $0.10 per liter, and 5,000 liters were imported, the duty would be 5,000 liters × $0.10/liter = $500. Always verify the applicable duty basis (ad valorem or specific) and rate from the official tariff schedule of the importing country.
What documentation is typically required for importing goods classified under HS 988027?
Importing goods under HS 988027, which pertains to mineral fuels, oils, and related products, often requires specific documentation beyond standard commercial invoices and bills of lading. This may include certificates of origin, laboratory analysis reports to verify product composition and specifications (especially for refined products), safety data sheets (SDS), and potentially permits or licenses from environmental or energy regulatory bodies, depending on the specific product and jurisdiction. For petroleum products, documentation verifying compliance with quality standards and environmental regulations is crucial.
Do trade agreements, such as free trade agreements (FTAs), commonly affect the duty rates for products classified under HS 988027?
Yes, trade agreements can significantly impact duty rates for products within HS 988027. For example, if a country is a party to a Free Trade Agreement (FTA) with the exporting country, eligible mineral fuels or oils may qualify for preferential duty rates, often reduced or eliminated entirely. To claim preferential treatment, importers typically need to provide a valid Certificate of Origin or other proof of eligibility as stipulated by the specific FTA. It is essential to check the relevant FTA provisions and the importing country's tariff schedule to determine eligibility and required documentation for preferential treatment.
What are the key classification criteria for distinguishing between different subheadings within Chapter 27 for HS code 988027?
Classification within Chapter 27 hinges on several key criteria, primarily the degree of refinement and the specific chemical composition or physical state of the product. For example, crude petroleum oils are distinct from refined petroleum products like gasoline, diesel, or kerosene. Bituminous substances, waxes, and specific chemical products derived from petroleum distillation also have their own headings. The World Customs Organization (WCO) Harmonized System Explanatory Notes provide detailed guidance on these distinctions. Importers and brokers must carefully examine product specifications, including API gravity, flash point, boiling range, and chemical analysis, to ensure accurate classification under the correct subheading within Chapter 27.