HS Code 2921.59.80
Official Classification
Other
🤖 AI Analysis
HS Code 2921.59.80 pertains to certain types of organic chemicals, specifically classified as "Other" within Chapter 29 of the Harmonized System. This category typically includes various nitrogen-containing compounds that do not fit into more specific classifications. Industries such as pharmaceuticals, agriculture, and specialty chemicals often utilize these compounds for applications ranging from drug formulation to fertilizers and industrial processes. Importers should be aware of the general duty rate of 6.5000%, which applies to these products when entering the U.S. market. This duty can impact the overall cost of goods sold, influencing pricing strategies and profit margins for businesses engaged in importing these chemicals. Understanding this classification is essential for compliance and effective cost management in international trade.
Frequently Asked Questions
How much is the duty for HS Code 2921.59.80?
The standard general duty rate for importing goods under HS Code 2921.59.80 into the US is 6.5000% based on the current Harmonized Tariff Schedule.
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