HS Code 2916.20
Official Classification
Cyclanic, cyclenic or cycloterpenic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives:
🤖 AI Analysis
HS Code 2916.20 encompasses cyclanic, cyclenic, or cycloterpenic monocarboxylic acids and their derivatives, including anhydrides, halides, peroxides, and peroxyacids. These compounds are commonly used in the production of fragrances, flavoring agents, and as intermediates in the synthesis of pharmaceuticals and agrochemicals. Industries such as cosmetics, food and beverage, and chemicals frequently utilize these substances for their unique properties. Importers should be aware that the general duty rate for this classification varies, which can impact the overall cost of importing these products. It is crucial for businesses to consult the latest tariff schedules and possibly seek expert guidance to ensure compliance and optimize import expenses.
Frequently Asked Questions
How much is the duty for HS Code 2916.20?
The standard general duty rate for importing goods under HS Code 2916.20 into the US is 0% based on the current Harmonized Tariff Schedule.
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