HS Code 2929.90.50
Official Classification
Other
🤖 AI Analysis
HS Code 2929.90.50 falls under Chapter 29, which encompasses a variety of chemical products, specifically those classified as "Other" in this category. This classification typically includes specialty organic chemicals that do not fit into more specific subcategories, such as certain amino acids, hormones, or other biochemical compounds. Industries that commonly utilize these products include pharmaceuticals, agriculture, and food processing, where they serve essential roles in drug formulation, crop protection, and food additives, respectively. Importers should be aware that the general duty rate for items classified under this code is 6.5%, which can significantly impact overall costs and pricing strategies. Understanding these details is crucial for effective import planning and compliance with U.S. customs regulations.
Frequently Asked Questions
How much is the duty for HS Code 2929.90.50?
The standard general duty rate for importing goods under HS Code 2929.90.50 into the US is 6.5000% based on the current Harmonized Tariff Schedule.
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