HS Code 2932.20.50.10
Official Classification
Butyrolactone
🤖 AI Analysis
HS Code 2932.20.50.10 covers butyrolactone, a chemical compound used primarily in the production of solvents, plastics, and pharmaceuticals. This classification includes various forms of butyrolactone, which is commonly utilized in industries such as manufacturing, cosmetics, and agrochemicals, serving as a solvent for paints and coatings, and as an intermediate in chemical synthesis. Importers should be aware that the general duty rate for products under this classification can vary, depending on factors such as trade agreements and the country of origin. It is essential for businesses to accurately determine the duty rates applicable to their imports to ensure compliance and optimize costs. Understanding these implications can significantly impact pricing strategies and overall profitability in the competitive market.
Frequently Asked Questions
How much is the duty for HS Code 2932.20.50.10?
The standard general duty rate for importing goods under HS Code 2932.20.50.10 into the US is 0% based on the current Harmonized Tariff Schedule.
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