2940

Analysis

Heading 2940 of the Harmonized Tariff Schedule covers sugars, chemically pure, other than sucrose, lactose, maltose, glucose and fructose; sugar ethers, sugar acetals and sugar esters, and their salts, other than products of heading 2937, 2938 or 2939. It has 2 tariff lines.

1 of its 2 lines with a percentage rate are duty-free at the general rate (50%) and 1 are dutiable, from duty-free up to 5.8%. The median line pays 2.9%.

The spread of 5.8 percentage points between the cheapest and dearest lines makes misclassification expensive here. The highest rate, 5.8%, applies to 2940.00.60 (sugars, chemically pure, other than sucrose…).

Its lines are 2940.00.20 for sugars, chemically pure, other than sucrose, lactose… (duty-free) and 2940.00.60 for sugars, chemically pure, other than sucrose, lactose… (5.8%).

Its median rate of 2.9% sits at the 28th percentile of the headings in chapter 29.

By Census's concordance, most of its statistical lines are made by All Other Basic Organic Chemical Manufacturing (325199). Those are the NAICS industries a US producer of these goods would report under.