When it comes to ensuring the safety of vehicles, aircraft, spacecraft, and vessels, one crucial component is toughened safety glass. This specialized glass, classified under HS Code 70071100, is designed to withstand high impact and extreme conditions, making it suitable for incorporation in various transportation modes.
HS Code 70071100 specifically refers to toughened (tempered) safety glass that is of a size and shape suitable for use in vehicles, aircraft, spacecraft, or vessels. This glass is manufactured through a process of thermal or chemical treatment, which enhances its strength and durability.
One of the key features of toughened safety glass is its ability to break into small, granular pieces rather than sharp shards when shattered. This reduces the risk of severe injuries during accidents or collisions, making it an essential safety measure in transportation industries.
Importing toughened safety glass under HS Code 70071100 is subject to a bound / most-favored-nation (MFN) duty rate of 5.5%. The MFN principle ensures that when 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. This promotes fair and equal treatment in international trade.
The quantity unit for toughened safety glass is measured in square meters (M2). This unit allows for easy calculation and estimation of the required amount of glass for specific vehicles or structures.
In terms of tariff preference programs, several countries offer special rates or exemptions for the import of toughened safety glass under HS Code 70071100. Some of these programs include:
These special tariff preference programs aim to promote trade and cooperation between countries by reducing or eliminating import duties on toughened safety glass.
Both importing and exporting US states benefit from the trade of toughened safety glass under HS Code 70071100. The importation of this glass allows for the incorporation of high-quality, durable materials in the production and assembly of vehicles, aircraft, spacecraft, and vessels. Meanwhile, exporting US states can tap into the global demand for toughened safety glass, contributing to economic growth and job creation.
HS Code 70071100 plays a crucial role in the transportation industry, ensuring the safety and reliability of vehicles, aircraft, spacecraft, and vessels. With its specific product description, duty rate, quantity unit, and special tariff preference programs, this HS Code facilitates international trade while prioritizing safety and quality.