Toughened (tempered) safety glass is a type of glass that has been treated to increase its strength and resistance to breakage. It is commonly used in various applications where safety is a concern, such as in windows, doors, and glass panels for buildings. The HS Code 70071900 specifically refers to toughened safety glass that is not of a size or shape suitable for incorporation in vehicles, aircraft, spacecraft, or vessels.
When it comes to international trade, the HS Code plays a crucial role in classifying and categorizing different products. It helps customs authorities identify and track specific goods, ensuring that the correct duties and tariffs are applied. In the case of HS Code 70071900, the bound or Most Favored Nation (MFN) duty rate is set at 5%. 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.
The quantity unit for toughened safety glass is measured in square meters (M2). This allows for a standardized measurement across different sizes and shapes of glass panels.
There are also special tariff preference programs in place for HS Code 70071900. These programs provide certain countries with preferential treatment, either by reducing or eliminating import duties. The following countries benefit from special tariff rates for toughened safety glass:
The availability of these special tariff rates encourages trade and promotes economic cooperation between the countries involved. It allows for easier access to toughened safety glass from these countries, making it more affordable and accessible for various industries.
In terms of importing and exporting, the HS Code 70071900 applies to both importing and exporting US states. This means that the code is used when toughened safety glass is imported into the United States from any foreign country, as well as when it is exported from the United States to any foreign country.
HS Code 70071900 covers toughened safety glass that is not suitable for incorporation in vehicles, aircraft, spacecraft, or vessels. It has a bound or MFN duty rate of 5%, and the quantity unit is measured in square meters (M2). Special tariff preference programs provide certain countries with preferential treatment, either by reducing or eliminating import duties. This encourages trade and makes toughened safety glass more affordable and accessible for various industries. Importing and exporting US states both fall under the scope of HS Code 70071900.