HS Code 2918.22.50.00
Official Classification
Salts and esters of O-acetylsalicylic acid
๐ค AI Analysis
HS Code 2918.22.50.00 covers salts and esters of O-acetylsalicylic acid, which primarily includes derivatives of acetylsalicylic acid, commonly known as aspirin. These compounds are widely used in the pharmaceutical industry for their analgesic, anti-inflammatory, and antipyretic properties. They are crucial in the production of various medications aimed at pain relief and reducing fever. For U.S. importers, itโs important to note that this classification carries a general duty rate of 6.5%. This duty applies to the value of the imported goods, impacting overall costs and pricing strategies. Business owners should factor in this tariff when calculating total landed costs to ensure accurate pricing and compliance with customs regulations.
Frequently Asked Questions
How much is the duty for HS Code 2918.22.50.00?
The standard general duty rate for importing goods under HS Code 2918.22.50.00 into the US is 6.5000% based on the current Harmonized Tariff Schedule.
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