The HS Code 70051040 refers to a specific type of glass that is surface ground or polished, with an absorbent or reflective layer. This glass is suitable for use in LCD's (Liquid Crystal Displays). It has a thickness of not more than 1.2 mm and covers an area of not more than 0.8 square meters (M2).
When it comes to trade barriers and market access, countries are required to lower their trade barriers or open up their markets for the same goods or services from all their trading partners. This is known as the Bound or Most Favored Nation (MFN) duty rate. In the case of HS Code 70051040, the Bound/MFN duty rate is free, indicating that there are no additional duties or taxes imposed on the import or export of this product.
The quantity unit for HS Code 70051040 is square meters (M2). This means that the measurement for this product is based on the area it covers in square meters.
There are also special tariff preference programs available for HS Code 70051040. These programs provide either duty-free treatment or special rates for certain countries. The countries that currently enjoy these benefits for this HS Code include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment for certain goods.
When importing HS Code 70051040 into the United States, it can be exported from any country that produces or supplies this product. Similarly, the United States can export this product to any country that demands or requires it.
Overall, HS Code 70051040 plays a crucial role in the production and trade of surface ground or polished glass for LCD's. Its specific classification and special tariff preference programs contribute to facilitating international trade and promoting economic growth.