HS Code 2901.24.20.00
Official Classification
Having a purity of 95 percent or more by weight
🤖 AI Analysis
HS Code 2901.24.20.00 classifies certain aromatic hydrocarbons, specifically those with a purity of 95 percent or more by weight. This category typically includes products such as ethylbenzene, which is widely used in the production of styrene and as a solvent in various chemical processes. Industries such as plastics, automotive, and pharmaceuticals often utilize these compounds for manufacturing and formulation purposes. Importantly, this classification carries a general duty rate of 0.0000%, meaning that US importers can bring these products into the country without incurring additional tariffs, thus reducing overall costs and enhancing competitive pricing in their respective markets. Understanding this classification can be advantageous for businesses looking to optimize their supply chains and manage expenses effectively.
Frequently Asked Questions
How much is the duty for HS Code 2901.24.20.00?
The standard general duty rate for importing goods under HS Code 2901.24.20.00 into the US is 0.0000% based on the current Harmonized Tariff Schedule.
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