HARMONIZED SYSTEM CODE

HS Code 2932.20

0%
General Duty Rate
💸
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Official Classification

Lactones:

🤖 AI Analysis

HS Code 2932.20 covers lactones, which are cyclic esters derived from hydroxy acids. These compounds are commonly used in various industries, including pharmaceuticals, food flavoring, and cosmetics, due to their characteristic aromas and functional properties. For instance, they can serve as flavoring agents in food products or as intermediates in the synthesis of active pharmaceutical ingredients. The general duty rate for imports under this classification varies, meaning that importers should carefully assess the applicable tariffs based on the specific lactone being imported. Understanding these duty implications is essential for cost management and pricing strategies in international trade, as they can significantly affect overall import expenses. Importers are encouraged to consult with customs specialists to ensure compliance and optimize their tariff classifications.

Unit of Measurement
No specific unit

Frequently Asked Questions

How much is the duty for HS Code 2932.20?

The standard general duty rate for importing goods under HS Code 2932.20 into the US is 0% based on the current Harmonized Tariff Schedule.

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