HS Code 2901.29.10

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HS Code 2901.29.10 classifies products that are derived wholly or partially from petroleum, shale oil, or natural gas. This category primarily includes specific hydrocarbons, such as certain types of organic compounds used in various industrial applications. Common use cases can be found in the chemical manufacturing sector, particularly for producing solvents, adhesives, and plastics. The general duty rate for this classification is 0.0000%, meaning that US importers can import these products without incurring customs duties, which can significantly reduce overall costs. This duty-free status can provide a competitive advantage in pricing for businesses that rely on these materials for production, making it essential for importers to correctly identify and classify their products under this HS code to benefit from the favorable

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