HARMONIZED SYSTEM CODE

HS Code 2902.20.00.00

0.0000%
General Duty Rate
💸
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Official Classification

Benzene

🤖 AI Analysis

HS Code 2902.20.00.00 classifies benzene, a colorless liquid hydrocarbon found in numerous products, particularly in the petrochemical industry. Benzene is primarily used as a precursor for the production of various chemicals, including styrene, phenol, and cyclohexane, which serve as essential building blocks for plastics, resins, and synthetic fibers. Industries such as automotive, construction, and consumer goods heavily rely on benzene for manufacturing processes. Importantly, this classification carries a general duty rate of 0.0000%, meaning that US importers can bring in benzene without incurring additional tariffs, thus facilitating cost-effective sourcing and enhancing competitiveness in the market. Understanding this classification can help businesses optimize their

Unit of Measurement
liters

Frequently Asked Questions

How much is the duty for HS Code 2902.20.00.00?

The standard general duty rate for importing goods under HS Code 2902.20.00.00 into the US is 0.0000% based on the current Harmonized Tariff Schedule.

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