HS Code 2925.29.20.00

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HS Code 2925.29.20.00 classifies certain chemical compounds and substances that are categorized as drugs, specifically those that are not elsewhere specified in the Harmonized System. This classification typically includes pharmaceutical intermediates and active ingredients used in the manufacturing of medicines. Industries such as pharmaceuticals, biotechnology, and healthcare frequently utilize these compounds in the production of prescription medications and therapeutic agents. Importers should be aware that products under this HS code are subject to a general duty rate of 6.5%, which means that when importing these drugs into the United States, businesses will incur this tariff cost, impacting overall pricing and profitability. Understanding these implications is crucial for effective cost management and compliance in international trade.

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