CBP Nixes Tariffs On Digital Cables, Alzheimer's Drug

Law360, New York (September 23, 2010, 11:41 AM EDT) -- U.S. Customs and Border Protection has decided to drop a 2.6 percent tariff on high-definition multimedia interface cables and a 6.5 percent tariff on chemical ingredients used to make Alzheimer’s drug Aricept.

Customs said in a bulletin Wednesday that it was modifying one ruling letter and revoking two ruling letters relating to the tariff classification of HDMI cables fitted with connectors, as well as a separate ruling letter covering tariffs assessed on donepezil hydrochloride.

In three earlier ruling letters, the agency found that HDMI cables were...
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