HS Code 2918.99.20
Official Classification
Other
🤖 AI Analysis
The HS Code 2918.99.20 falls under Chapter 29, which covers organic chemicals, specifically categorized as "Other" substances that do not fit into more specific classifications. This classification often includes various chemical compounds used in industries such as pharmaceuticals, agriculture, and specialty chemicals. These products may serve purposes like serving as intermediates in chemical manufacturing or as additives in formulations. Importers should be aware that this category carries a general duty rate of 6.5%, which can significantly impact overall costs. Understanding these implications is crucial for businesses engaged in importing these chemicals, as it affects pricing strategies and profitability. Careful attention to product classification can also ensure compliance with U.S. customs regulations, minimizing the risk of penalties or delays.
Frequently Asked Questions
How much is the duty for HS Code 2918.99.20?
The standard general duty rate for importing goods under HS Code 2918.99.20 into the US is 6.5000% based on the current Harmonized Tariff Schedule.
Need Help?
Our import experts can help you classify products and optimize your duty payments.
Contact Expert🚢 Shipping other...?
Container rates fluctuate weekly. Compare SeaRates quotes instantly against DHL, FedEx, and Maersk to save up to 35%.
- ✓ FCL & LCL
- ✓ Air Cargo
- ✓ Door-to-Door