HS Code 2922.50.14.00
Official Classification
Cardiovascular drugs
🤖 AI Analysis
The HS Code 2922.50.14.00 classifies cardiovascular drugs, which include various pharmaceutical products designed to treat conditions related to the heart and blood vessels, such as hypertension, heart failure, and arrhythmias. These drugs are crucial in the healthcare industry, particularly for hospitals, clinics, and pharmacies that provide essential medications to patients managing cardiovascular diseases. Importers of these products should be aware that the general duty rate is 6.5000%, which can impact overall import costs and pricing strategies. Understanding this classification is essential for businesses involved in the importation of such pharmaceutical products to ensure compliance with customs regulations and to effectively manage their import expenses.
Frequently Asked Questions
How much is the duty for HS Code 2922.50.14.00?
The standard general duty rate for importing goods under HS Code 2922.50.14.00 into the US is 6.5000% based on the current Harmonized Tariff Schedule.
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