HS Code 2941.20
Official Classification
Streptomycins and their derivatives; salts thereof:
🤖 AI Analysis
HS Code 2941.20 covers streptomycins and their derivatives, including any associated salts. These products are primarily antibiotics derived from the bacterium Streptomyces, commonly used in healthcare and agriculture to treat infections in humans and animals, as well as to promote growth in livestock. Industries such as pharmaceuticals and veterinary medicine typically utilize these compounds. The general duty rate for importing these products can vary, which means that business owners should closely monitor current tariff regulations to accurately calculate import costs. Understanding the duty rate implications is crucial for budgeting and pricing strategies when engaging in international trade of these essential medical and agricultural products.
Frequently Asked Questions
How much is the duty for HS Code 2941.20?
The standard general duty rate for importing goods under HS Code 2941.20 into the US is 0% based on the current Harmonized Tariff Schedule.
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