HS Code 2937.11.00.00
Official Classification
Somatotropin, its derivatives and structural analogues
🤖 AI Analysis
HS Code 2937.11.00.00 covers somatotropin, along with its derivatives and structural analogues, which are hormones primarily involved in regulating growth and metabolism. These products are commonly used in the pharmaceutical industry, particularly in the development of growth hormone therapies for both humans and animals. They can also be utilized in research applications within biotechnology. Importantly, this classification carries a general duty rate of 0.0000%, meaning that US importers can bring these products into the country without incurring customs duties, thereby reducing overall import costs. This can be particularly advantageous for businesses involved in the production of growth hormone treatments or related research, allowing for more competitive pricing and enhanced market opportunities.
Frequently Asked Questions
How much is the duty for HS Code 2937.11.00.00?
The standard general duty rate for importing goods under HS Code 2937.11.00.00 into the US is 0.0000% based on the current Harmonized Tariff Schedule.
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