HS Code 2934.20.20.00

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HS Code 2934.20.20.00 classifies 2-Mercaptobenzothiazole, sodium salt, a chemical compound commonly used as a rubber accelerator and a corrosion inhibitor in various industrial applications. This product is particularly prevalent in the rubber, plastics, and automotive industries, where it enhances the performance and longevity of materials. Importers should be aware that this classification carries a general duty rate of 6.5000%, which impacts the overall cost of importing these chemicals into the U.S. Understanding this duty rate is crucial for accurate pricing and budgeting, as it can significantly affect the importer's profit margins and competitive positioning in the market. Proper classification and compliance with customs regulations are essential for smooth import operations and avoiding potential penalties

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