HS Code 2924.23
Official Classification
2-Acetamidobenzoic acid (N-acetylanthranilic acid) and its salts:
🤖 AI Analysis
HS Code 2924.23 classifies 2-Acetamidobenzoic acid, also known as N-acetylanthranilic acid, along with its salts. This chemical compound is primarily used in the manufacturing of pharmaceuticals, particularly as an intermediate in the synthesis of various medicinal drugs and dyes. Industries such as pharmaceuticals and chemical manufacturing frequently utilize this compound for its therapeutic properties and functionality in drug formulation. The general duty rate for products under this classification varies, which means that importers should carefully assess the specific tariff applicable to their shipments to ensure compliance and accurate cost estimation. Understanding these duty implications is crucial for effective import planning and budgeting within your business.
Frequently Asked Questions
How much is the duty for HS Code 2924.23?
The standard general duty rate for importing goods under HS Code 2924.23 into the US is 0% based on the current Harmonized Tariff Schedule.
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