The Harmonized System (HS) Code 70021020 refers to glass in balls that are over 6mm in diameter. This product falls under the category of unworked glass, excluding microspheres of heading 7018. In this article, we will explore the details of this HS code, including its product description, quantity unit, and various tariff preferences.
Glass in balls, as per HS Code 70021020, are spherical glass objects that are larger than 6mm in diameter. These glass balls are unworked, meaning they have not undergone any significant processing or alterations. It is important to note that this HS code specifically excludes microspheres falling under heading 7018, which refers to small hollow glass particles used in various industries.
The bound or Most Favored Nation (MFN) duty rate for products classified under HS Code 70021020 is free. This means that when a country lowers a trade barrier or opens up a market, it must apply the same duty rate of zero to glass balls over 6mm in diameter from all its trading partners. This ensures equal treatment for importing countries and promotes fair trade practices.
The quantity unit for HS Code 70021020 is kilograms (KG). This means that the measurement and pricing of glass balls are based on their weight in kilograms. Importers and exporters dealing with this product need to accurately measure and declare its weight in kilos to comply with customs regulations and determine the appropriate duties and taxes.
Several special tariff preference programs apply to imports of glass balls (HS Code 70021020) depending on the country of origin and destination. These programs provide specific benefits and duty-free treatment for eligible countries. Here are some notable tariff preference programs:
HS Code 70021020 applies to glass ball imports and exports in the United States. Importing states refer to those US states that receive glass balls under this HS code, while exporting states are those that ship these products to other countries.
It is essential for businesses involved in the import and export of glass balls to adhere to customs regulations, accurately classify products under the appropriate HS code, and comply with any applicable tariff preference programs. Understanding the details of HS Code 70021020 helps importers and exporters navigate international trade more efficiently and effectively.