Peanut oil|HS Code

Peanut oil harmonized system code

Product Overview Peanut Oil, classified under Harmonized System (HS) Code 1508, is a vegetable oil derived from peanuts, also known as groundnuts. This oil is characterized by its light yellow color, mild flavor, and high smoking point, making it a preferred choice for frying and sautéing. It is available in different processing levels, including refined, unrefined, cold-pressed, and roasted varieties. The HS Code 1508 encompasses a broad range of peanut oil products, including crude oil (HS Code 1508.10) and refined varieties (HS Code 1508.90). The oil is extensively used in food service and retail sectors, often in cooking and salad dressings. In the processing industry, it serves as a vital ingredient in the manufacturing of margarine, shortening, and confectionery products. The product’s value proposition lies in its health benefits, as it is high in monounsaturated fats, low in saturated fats, and free from trans fats, providing a competitive edge in the health-conscious market segment. HS Code Classification & Trade Specifications The full 6-digit HS Code for Peanut Oil is 1508, with the first two digits (15) representing the chapter for "Animal or Vegetable Fats and Oils and Their Cleavage Products; Prepared Edible Fats; Animal or Vegetable Waxes." The following two digits (08) represent the heading for "Ground-Nut Oil and Its Fractions," and the last two digits specify the product subcategory. Peanut Oil is classified under this code due to its derivation from groundnuts. Standard packaging and shipping requirements for Peanut Oil involve safe, secure, and clean containers, often in the form of plastic or glass bottles, metal tins, or bulk flexitanks for large quantities. The preservation method primarily involves keeping the oil away from heat, light, and oxygen to maintain its quality and extend its shelf life. Quality standards for Peanut Oil in international trade are governed by parameters such as acidity level, peroxide value, and absence of adulterants, with measurements adhering to the Codex Alimentarius Commission standards. This trade-focused product description aims to support customs classification and compliance with World Trade Organization (WTO) and customs documentation standards.

Peanut oil Chapter Note

1.- This Chapter does not cover : (a) Pig fat or poultry fat of heading 02.09; (b) Cocoa butter, fat or oil (heading 18.04); (c) Edible preparations containing by weight more than 15 % of the products of heading 04.05 (generally Chapter 21); (d) Greaves (heading 23.01) or residues of headings 23.04 to 23.06; (e) Fatty acids, prepared waxes, medicaments, paints, varnishes, soap, perfumery, cosmetic or toilet preparations, sulphonated oils or other goods of Section VI; or (f) Factice derived from oils (heading 40.02). 2.- Heading 15.09 does not apply to oils obtained from olives by solvent extraction (heading 15.10). 3.- Heading 15.18 does not cover fats or oils or their fractions, merely denatured, which are to be classified in the heading appropriate to the corresponding undenatured fats and oils and their fractions. 4.- Soap-stocks, oil foots and dregs, stearin pitch, glycerol pitch and wool grease residues fall in heading 15.22. Subheading Notes. 1.- For the purposes of subheading 1509.30, virgin olive oil has a free acidity expressed as oleic acid not exceeding 2.0 g/ 100 g and can be distinguished from the other virgin olive oil categories according to the characteristics indicated in the Codex Alimentarius Standard 33-1981. 2.- For the purposes of subheadings 1514.11 and 1514.19, the expression “low erucic acid rape or colza oil” means the fixed oil which has an erucic acid content of less than 2 % by weight