HS Code 2927.00.50.00
Official Classification
Other
🤖 AI Analysis
The HS Code 2927.00.50.00 falls under Chapter 29, which encompasses various organic chemicals, specifically categorized as "Other" products. This classification typically includes chemical compounds that do not fit neatly into other specified categories, such as certain amino acids, alkaloids, or derivatives used in pharmaceuticals, agriculture, or specialty chemicals. Industries that frequently utilize these compounds include pharmaceuticals, food and beverage, and agricultural sectors for applications like flavoring agents, growth stimulants, or active pharmaceutical ingredients. Importers should note that the general duty rate for products classified under this code is 6.5%, which can significantly impact overall import costs and pricing strategies. Understanding this classification is essential for compliance and effective financial planning when engaging in international trade
Frequently Asked Questions
How much is the duty for HS Code 2927.00.50.00?
The standard general duty rate for importing goods under HS Code 2927.00.50.00 into the US is 6.5000% based on the current Harmonized Tariff Schedule.
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