What is the import duty for HS Code 2907.29.05.00?

The general duty rate for HS Code 2907.29.05.00 is 5.5000%. Special rates may apply for countries with Free Trade Agreements.

← 2907.29 2907.29.10.00 →

HARMONIZED SYSTEM CODE

HS Code 2907.29.05.00

5.5000%

General Duty Rate

💸

Paying a supplier for these goods?

Don't use your bank. Use Wise Business to save ~4% on exchange rates.

Official Classification

Phenol-alcohols

🤖 AI Analysis

HS Code 2907.29.05.00 classifies phenol-alcohols, which are organic compounds that combine phenolic and alcohol functional groups. These substances are commonly used in various industries, including pharmaceuticals, cosmetics, and plastics, where they serve as intermediates in the production of drugs, personal care products, and synthetic materials. Importers should be aware that the general duty rate for phenol-alcohols is set at 5.5000%, meaning that for every $1,000 worth of goods imported under this classification, a duty of $55 will be assessed. Understanding this duty rate is crucial for cost calculations and pricing strategies, as it can significantly impact the overall import expenses and profitability in relevant markets.

💰 Special / FTA Rate

0.0000%

Available for eligible countries

Unit of Measurement

Frequently Asked Questions

How much is the duty for HS Code 2907.29.05.00?

The standard general duty rate for importing goods under HS Code 2907.29.05.00 into the US is 5.5000% based on the current Harmonized Tariff Schedule.

🧮 Calculate Landed Cost 🚢 Get Shipping Quotes