HS Code 2918.21.50.00

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HS Code 2918.21.50.00 falls under Chapter 29, which covers organic chemicals, specifically categorized as "Other" within the subheading for certain organic compounds. This classification typically includes a variety of intermediate organic substances not specifically listed elsewhere, such as certain alcohols, phenols, and derivatives used in chemical manufacturing. Industries such as pharmaceuticals, cosmetics, and agrochemicals commonly utilize these compounds for production and formulation purposes. Importers should be aware that this classification carries a general duty rate of 6.5%, which means that when importing products under this HS code, businesses need to account for this additional cost in their pricing strategy. Proper classification and understanding of duty implications are crucial for maintaining compliance and optimizing import expenses.

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