Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 70132220: Stemware Drinking Glasses of Lead Crystal

• Product Description: Stemware drinking glasses of lead crystal, valued over $1 but not over $3 each.
• Bound / MFN Duty Rate: 14%
• Quantity Unit: Number (NO)

HS Code 70132220 refers to stemware drinking glasses made of lead crystal. These glasses are valued at over $1 but not over $3 each. Lead crystal is a type of glass that has a high refractive index, resulting in its characteristic sparkle and clarity. It is known for its elegance and is often used for fine glassware, including stemware drinking glasses.

The bound / MFN duty rate for HS Code 70132220 is 14%. This means that whenever a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 14% for stemware drinking glasses of lead crystal from all its trading partners. This ensures fair and equal treatment for all countries involved in international trade.

When importing stemware drinking glasses of lead crystal under HS Code 70132220, the quantity unit is measured in number (NO). This means that the quantity of glasses imported will be counted individually rather than using any other unit of measurement.

There are also special tariff preference programs available for imports of stemware drinking glasses of lead crystal under HS Code 70132220. These programs offer reduced or duty-free rates for certain countries. The details of these programs are as follows:

• Free: Stemware drinking glasses of lead crystal imported from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under this subheading receive duty-free treatment.
• Bahrain Special Rate: Stemware drinking glasses of lead crystal imported from Bahrain receive a special rate.
• NAFTA for Canada: Stemware drinking glasses of lead crystal imported from Canada under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
• Africa Growth and Opportunity Act (AGOA): Stemware drinking glasses of lead crystal imported from eligible countries under AGOA receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Stemware drinking glasses of lead crystal imported from eligible countries under CBI receive duty-free treatment.
• Israel Special Rate: Stemware drinking glasses of lead crystal imported from Israel receive a special rate.
• Andean Trade Preference Act (ATPA): Stemware drinking glasses of lead crystal imported from eligible countries under ATPA receive duty-free treatment.
• Jordan Special Rate: Stemware drinking glasses of lead crystal imported from Jordan receive a special rate.
• NAFTA for Mexico: Stemware drinking glasses of lead crystal imported from Mexico under NAFTA receive duty-free treatment.
• Oman Special Rate: Stemware drinking glasses of lead crystal imported from Oman receive a special rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Stemware drinking glasses of lead crystal imported from eligible countries under DR-CAFTA receive a special rate.
• Peru Special Rate: Stemware drinking glasses of lead crystal imported from Peru receive a special rate.
• Australia Special Rate: Stemware drinking glasses of lead crystal imported from Australia receive a special rate of 3.50%.
• Chile Special Rate: Stemware drinking glasses of lead crystal imported from Chile receive a special rate of 1.70%.
• Singapore Special Rate: Stemware drinking glasses of lead crystal imported from Singapore receive a special rate of 6.20%.
• Morocco Special Rate: Stemware drinking glasses of lead crystal imported from Morocco receive a special rate of 6.20%.

These special tariff preference programs aim to promote trade between countries and provide incentives for importing stemware drinking glasses of lead crystal from specific trading partners. By offering reduced or duty-free rates, these programs encourage economic cooperation and strengthen bilateral relations.

When importing stemware drinking glasses of lead crystal under HS Code 70132220, it is important to consider the specific tariff preferences and rates that apply based on the country of origin and destination. Understanding these tariff preferences can help importers make informed decisions and optimize their import operations.

HS Code 70132220 covers stemware drinking glasses of lead crystal valued over $1 but not over $3 each. This code is associated with a 14% bound / MFN duty rate, with the quantity unit measured in number (NO). Importers can also benefit from special tariff preference programs that offer reduced or duty-free rates for stemware drinking glasses of lead crystal imported from specific countries. By leveraging these programs, importers can enhance their competitiveness and contribute to the growth of international trade.