What is the import duty for HS Code 2942.00.50.00?

The general duty rate for HS Code 2942.00.50.00 is 3.7000%. Special rates may apply for countries with Free Trade Agreements.

← 2942.00.35.00 3001 →

HARMONIZED SYSTEM CODE

HS Code 2942.00.50.00

3.7000%

General Duty Rate

💸

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Official Classification

Other

🤖 AI Analysis

HS Code 2942.00.50.00 falls under Chapter 29, which covers organic chemicals, specifically categorizing "Other" organic compounds not explicitly defined elsewhere. This classification can include a variety of products such as complex organic molecules and specialty chemicals used in pharmaceuticals, agrochemicals, and various industrial applications. Industries that typically rely on these compounds include healthcare, agriculture, and manufacturing. Importers should be aware of the general duty rate of 3.7%, which applies to these products when entering the United States. This rate impacts the overall cost of importing, influencing pricing strategies and profit margins. Understanding this classification and its implications is crucial for business owners to ensure compliance and effective financial planning in their international trade operations.

💰 Special / FTA Rate

0.0000%

Available for eligible countries

Unit of Measurement

Frequently Asked Questions

How much is the duty for HS Code 2942.00.50.00?

The standard general duty rate for importing goods under HS Code 2942.00.50.00 into the US is 3.7000% based on the current Harmonized Tariff Schedule.

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