Drawn or blown glass is a versatile material that is used in various industries and applications. This article provides an extensive overview of the HS code 70060020, which specifically refers to drawn or blown glass that does not contain wire netting, is not surface ground or polished, but is bent, edged, or otherwise worked without being framed.
The HS code 70060020 is an internationally recognized code that classifies this specific type of glass. It is important for importers and exporters to understand this code as it helps to facilitate trade and ensure compliance with customs regulations.
The product description of HS code 70060020 is as follows: drawn or blown glass, not containing wire netting and not surface ground or polished, but bent, edged, or otherwise worked without being framed. This description provides a clear understanding of the characteristics and specifications of the glass covered under this HS code.
It is worth noting that the glass covered under this code is not surface ground or polished, which means it may have a different appearance compared to other types of glass that undergo additional finishing processes.
The bound / MFN (Most Favored Nation) duty rate for HS code 70060020 is 6.4%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. Importers should take this duty rate into account when calculating the cost of importing drawn or blown glass.
The quantity unit for HS code 70060020 is square meters (M2). This unit of measurement is used to determine the quantity of drawn or blown glass being imported or exported. It is important for importers and exporters to accurately measure and report the quantity in square meters to ensure compliance with customs regulations.
HS code 70060020 is eligible for several special tariff preference programs, which provide preferential treatment in terms of duty rates. The following programs offer duty-free treatment for drawn or blown glass:
Importers should familiarize themselves with these special tariff preference programs to take advantage of the duty-free treatment available for drawn or blown glass from specific countries.
HS code 70060020 applies to both importing and exporting of drawn or blown glass in the United States. This means that businesses and individuals in any state can engage in the import or export of this glass, subject to compliance with customs regulations and any additional requirements imposed by the respective states.
It is important for importers and exporters to be aware of any state-specific regulations or licensing requirements that may apply to the import or export of drawn or blown glass in their particular state. Compliance with these regulations is crucial to ensure smooth and legal trade operations.
HS code 70060020 encompasses drawn or blown glass that is not containing wire netting, not surface ground or polished, but bent, edged, or otherwise worked without being framed. This code is used to classify and regulate the trade of such glass internationally.
Importers and exporters should familiarize themselves with the product description, bound / MFN duty rate, quantity unit, and special tariff preference programs associated with HS code 70060020 to ensure compliance and take advantage of any available preferential treatment.
Understanding the regulations and requirements related to HS code 70060020 is essential for businesses and individuals involved in the import or export of drawn or blown glass, facilitating smooth and efficient trade operations in this sector.