HS Code 2914.69.21.00
Official Classification
Drugs
🤖 AI Analysis
The HS Code 2914.69.21.00 classifies specific chemical compounds known as drugs, particularly those that are not covered under other specific categories within Chapter 29. This classification typically includes pharmaceutical products used in medical treatments, including various therapeutic drugs and medications. Industries such as healthcare, pharmaceuticals, and biotechnology often utilize these compounds for manufacturing medicines, vaccines, and other health-related products. Importers should be aware that the general duty rate for these items is 5.5%, which can impact the overall cost of goods when entering the U.S. market. Understanding this classification and its associated duty rate is crucial for accurate budgeting and compliance with customs regulations.
Frequently Asked Questions
How much is the duty for HS Code 2914.69.21.00?
The standard general duty rate for importing goods under HS Code 2914.69.21.00 into the US is 5.5000% based on the current Harmonized Tariff Schedule.
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