Cast or rolled glass, in nonwired sheets, colored through the mass, opacified, flashed, or with absorbent, reflective, or non-reflective layer, not worked, falls under the HS Code 70031200. This HS code is used for the classification of glass products in international trade.
When importing or exporting glass products classified under HS Code 70031200, it is essential to understand the various aspects related to it, such as duty rates, quantity units, and special tariff preference programs.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 70031200 is 1.4%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment.
The quantity unit for products classified under HS Code 70031200 is square meters (M2). This unit is used to measure the area of the glass sheets.
Products classified under HS Code 70031200 may be eligible for special tariff preference programs. These programs provide preferential treatment, including duty-free treatment, for specific countries. The following countries are eligible for special tariff rates:
When importing products classified under HS Code 70031200 into the United States, the exporting country does not play a significant role in determining the trade barriers or duty rates. However, it is important to consider the specific regulations and requirements of individual US states when importing glass products.
Similarly, when exporting glass products classified under HS Code 70031200 from the United States, it is crucial to comply with the regulations and requirements of the destination country. This includes understanding the trade barriers, duty rates, and any special tariff preference programs that may apply.
HS Code 70031200 is used for the classification of cast or rolled glass products in international trade. Understanding the duty rates, quantity units, and special tariff preference programs associated with this HS code is essential for importers and exporters of glass products.