Glass mirrors are a common item used in various applications, from interior decor to personal grooming. The HS Code 70099210 specifically refers to glass mirrors that are framed and have a reflecting area not exceeding 929 cm2. This article will provide an extensive overview of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product description of HS Code 70099210 is glass mirrors, excluding rearview mirrors. These mirrors are framed, adding a decorative touch to their functionality. The reflecting area of these mirrors should not exceed 929 cm2, ensuring they are of a specific size and dimension.
The bound or Most Favored Nation (MFN) duty rate for HS Code 70099210 is 7.8%. The MFN duty rate is applied whenever a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of duties.
The quantity unit for HS Code 70099210 is square centimeters (CM2). This unit of measurement is used to determine the size and area of the glass mirrors. It provides a standardized way to quantify the reflecting area of the mirrors and facilitates trade transactions.
There are several special tariff preference programs applicable to HS Code 70099210, providing certain countries with preferential treatment in terms of duty rates. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. They allow certain countries to import glass mirrors under HS Code 70099210 without paying any duties, providing them with a competitive advantage.
HS Code 70099210 applies to the import and export of glass mirrors framed and not exceeding 929 cm2 in reflecting area. The specific states involved in the import and export of these mirrors may vary depending on trade agreements and market demand.
Importing US states may include those with a high demand for glass mirrors, such as California, New York, Texas, and Florida. These states often have a significant consumer market and may require a steady supply of glass mirrors for various purposes.
Exporting US states may include those with a strong manufacturing base for glass mirrors. States such as Ohio, Pennsylvania, and Illinois are known for their glass manufacturing industries and may export a significant quantity of glass mirrors framed under HS Code 70099210.
Overall, HS Code 70099210 plays a crucial role in regulating the import and export of framed glass mirrors within specified dimensions. Its duty rates and special tariff preference programs aim to facilitate international trade and promote economic cooperation between countries.