HS Code 2937.23.10.20
Official Classification
Progesterone
🤖 AI Analysis
HS Code 2937.23.10.20 pertains to progesterone, a vital steroid hormone primarily used in medical and pharmaceutical applications. This classification encompasses progesterone in various forms, including raw materials for hormone replacement therapies and formulations for contraceptives. Industries such as pharmaceuticals, healthcare, and biotechnology frequently utilize progesterone for its role in reproductive health, fertility treatments, and hormone regulation. Importers should be aware that the general duty rate for this classification varies, meaning that the cost of importing progesterone can fluctuate based on factors such as trade agreements and specific country of origin. It is essential for businesses to stay informed about current duty rates to accurately assess import costs and ensure compliance with U.S. customs regulations.
Frequently Asked Questions
How much is the duty for HS Code 2937.23.10.20?
The standard general duty rate for importing goods under HS Code 2937.23.10.20 into the US is 0% based on the current Harmonized Tariff Schedule.
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