When it comes to international trade, it is essential to have a standardized system to classify and categorize different products. One such system is the Harmonized System (HS) code. The HS code 70049025 refers to drawn or blown glass, not elsewhere specified or included, in rectangular sheets, with a thickness over 2 but not over 3.5 mm, and not further worked.
This HS code is important for customs officials, importers, and exporters as it helps in determining the correct duty rates, trade preferences, and regulations associated with the product. Let's dive into the details of this HS code and understand its implications.
The product covered under HS code 70049025 is glass, which has been drawn or blown into rectangular sheets. These sheets have a thickness of over 2 mm but not exceeding 3.5 mm. The glass is not further worked, meaning it has not undergone any additional processing or treatment.
The bound or most-favored-nation (MFN) duty rate for products classified under HS code 70049025 is 0.7 cents per kilogram. This rate applies every time a country lowers a trade barrier or opens up a market. It must be applied to the same goods or services from all trading partners of the country.
The quantity unit for measuring products classified under HS code 70049025 is square meters (M2). This unit is used to determine the area of the rectangular glass sheets.
Several special tariff preference programs are available for products classified under HS code 70049025. These programs provide preferential treatment in terms of duty rates. The following countries or regions offer special tariff rates for this product:
These special tariff preference programs aim to promote trade and provide benefits to countries or regions that have established agreements or relationships with the United States.
Products classified under HS code 70049025 can be imported into various states in the United States. The specific importing states may vary depending on the trade agreements, regulations, and demand for the product. Importers should be aware of the specific requirements and customs procedures of the states they are importing into.
Similarly, products classified under HS code 70049025 can be exported from various states in the United States. The exporting states may differ based on factors such as production capacity, transportation infrastructure, and market demand. Exporters should consider the logistics and market conditions of the states they are exporting from.
the HS code 70049025 plays a crucial role in classifying and regulating drawn or blown glass in rectangular sheets with specific thickness specifications. Importers and exporters should familiarize themselves with the associated duty rates, special tariff preference programs, and the importing and exporting states involved in the trade of this product.