HS Code 2620.21.00.50
Official Classification
Gold content
🤖 AI Analysis
HS Code 2620.21.00.50 refers to materials with gold content, specifically categorized under Chapter 26, which encompasses ores, slag, and ash. This classification typically includes gold-bearing ores and concentrates that are mined and processed for the extraction of gold. Industries such as mining, metallurgy, and jewelry production commonly utilize these products, as they serve as raw materials for refining and manufacturing gold. The general duty rate for importing these materials can vary, depending on factors like trade agreements and the specific nature of the product. Importers should stay informed about the applicable duty rates to ensure compliance and optimize costs, as these rates can significantly impact overall profitability.
Frequently Asked Questions
How much is the duty for HS Code 2620.21.00.50?
The standard general duty rate for importing goods under HS Code 2620.21.00.50 into the US is 0% based on the current Harmonized Tariff Schedule.
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