HS Code 3004.49.00.20

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HS Code 3004.49.00.20 covers a specific category of pharmaceutical products, including anticonvulsants, hypnotics, and sedatives. These medications are primarily used in the healthcare industry to manage seizures, induce sleep, and alleviate anxiety or agitation. Common examples include drugs like diazepam and phenobarbital, which are vital for treating various neurological and psychiatric conditions. The general duty rate for importing these products can vary, depending on factors such as trade agreements and the country of origin. Importers should be aware that accurate classification is crucial, as misclassification can lead to penalties or increased tariffs. Additionally, staying informed about changes in duty rates and regulations can help businesses maintain compliance and manage costs effectively.

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