What is the import duty for HS Code 2401.20.31.30?

The general duty rate for HS Code 2401.20.31.30 is 0%. Special rates may apply for countries with Free Trade Agreements.

← 2401.20.31.20 2401.20.31.40 →

HARMONIZED SYSTEM CODE

HS Code 2401.20.31.30

General Duty Rate

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Official Classification

Maryland

🤖 AI Analysis

HS Code 2401.20.31.30 refers specifically to unmanufactured tobacco, specifically Maryland tobacco, which is primarily used in the production of cigars and cigarettes. This classification falls under Chapter 24, which encompasses tobacco and manufactured tobacco substitutes. Common industries that utilize Maryland tobacco include the tobacco manufacturing sector and related agricultural businesses. The general duty rate for this classification can vary, depending on factors such as trade agreements and the specific nature of the import. Importers should be aware that duties can significantly affect the overall cost of goods, impacting pricing strategies and profit margins. Therefore, it is crucial for business owners to stay informed about any changes in duty rates and to ensure compliance with customs regulations to avoid potential penalties.

Unit of Measurement