HS Code 2916.31.11.05

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HS Code 2916.31.11.05 pertains to benzoic acid, a compound frequently utilized in various industries due to its preservative and antimicrobial properties. Products classified under this code typically include benzoic acid in its pure form, often used in food preservation, pharmaceuticals, and the production of certain plastics, dyes, and fragrances. Importers should be aware that the general duty rate for this classification can vary, impacting overall import costs. It’s essential for businesses to consult the Harmonized Tariff Schedule to determine the applicable duty rate for their specific import scenario, as fluctuations in tariffs can influence pricing strategies and competitive positioning in the market. Understanding these implications can help businesses make informed decisions regarding sourcing and pricing of benzoic acid.

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