Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 70042010: Drawn or Blown Glass, In Sheets, with Absorbent, Reflecting or Non-Reflecting Layer, Not Further Worked

When it comes to international trade, it is important to have a standardized system for classifying products. This is where HS codes come into play. HS Code 70042010 specifically refers to drawn or blown glass, in sheets, with an absorbent, reflecting, or non-reflecting layer, which has not undergone any further processing. Let's take a closer look at this HS code and understand its implications.

Product Description: Drawn or blown glass, in sheets, with an absorbent, reflecting, or non-reflecting layer, not further worked. This product can be used in various applications and industries, depending on its specific characteristics and properties.

Bound / MFN Duty Rate: The bound duty rate for HS Code 70042010 is free. This means that there are no tariffs or duties imposed on the import or export of this product. It is important to note that bound duty rates are the maximum rates agreed upon by the World Trade Organization (WTO) member countries and cannot be exceeded.

Quantity Unit: The quantity unit for HS Code 70042010 is square meters (M2). This unit is used to measure the area of the drawn or blown glass sheets.

Special Tariff Preference Programs: Several countries participate in special tariff preference programs that provide duty-free treatment for products classified under HS Code 70042010. These programs include:

• Generalized System of Preferences (GSP): This program offers duty-free treatment for eligible products from various developing countries.
• Australia Special Rate: Australia provides duty-free treatment for products classified under this HS code.
• Automotive Products Trade Act (APTA): This program grants duty-free treatment for automotive products traded between certain countries.
• Bahrain Special Rate: Bahrain offers duty-free treatment for products classified under HS Code 70042010.
• NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), Canada provides duty-free treatment for this product.
• Chile Special Rate: Chile offers duty-free treatment for products classified under this HS code.
• Caribbean Basin Initiative (CBI): This program provides duty-free treatment for eligible products from certain Caribbean countries.
• Israel Special Rate: Israel offers duty-free treatment for products classified under HS Code 70042010.
• Andean Trade Preference Act (ATPA): This program grants duty-free treatment for eligible products from certain Andean countries.
• Jordan Special Rate: Jordan provides duty-free treatment for products classified under this HS code.
• Morocco Special Rate: Morocco offers duty-free treatment for products classified under HS Code 70042010.
• NAFTA for Mexico: Under the North American Free Trade Agreement (NAFTA), Mexico provides duty-free treatment for this product.
• Oman Special Rate: Oman offers duty-free treatment for products classified under this HS code.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program provides duty-free treatment for eligible products from certain Central American countries and the Dominican Republic.
• Peru Special Rate: Peru offers duty-free treatment for products classified under HS Code 70042010.
• Singapore Special Rate: Singapore provides duty-free treatment for products classified under this HS code.

Importing US States: HS Code 70042010 can be imported into any state within the United States. There are no restrictions or limitations on the importation of this product based on the destination state.

Exporting US States: HS Code 70042010 can be exported from any state within the United States. Exporters from all states have the opportunity to engage in international trade involving this product.

HS Code 70042010 plays a crucial role in facilitating international trade for drawn or blown glass sheets with specific characteristics. Understanding the associated duty rates, quantity units, and special tariff preference programs can help businesses make informed decisions when it comes to importing or exporting this product.