HS Code 2704.00.00.50

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HS Code 2704.00.00.50 falls under Chapter 27, which covers mineral fuels, oils, and products of their distillation. This specific classification, labeled as "Other," typically includes various types of petroleum oils or oils obtained from bituminous minerals that do not fit into more specific categories. Industries such as energy, manufacturing, and transportation commonly use these products for fuel, lubrication, or in chemical processes. The general duty rate for this classification can vary, depending on the specific product and country of origin, so it is crucial for importers to consult the Harmonized Tariff Schedule for accurate rates. Understanding these classifications and their duty implications is essential for effective cost management in international trade.

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