HS Code 2923.20.20.50

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HS Code 2923.20.20.50 falls under Chapter 29, which encompasses a variety of organic chemicals. Specifically, this classification includes “other” types of nitrogen-containing compounds that do not fit neatly into more specific categories. Products in this classification can include certain pharmaceutical intermediates, agricultural chemicals, and specialty chemicals used in manufacturing processes. Industries such as pharmaceuticals, agriculture, and chemical manufacturing frequently utilize these compounds for their production needs. The general duty rate for imports under this code varies, meaning that importers should carefully assess the specific duty applicable to their products, as this can significantly impact overall costs and pricing strategies. Understanding these implications is essential for effective budgeting and compliance in international trade.

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