Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 70132830: Stemware, o/than of pressed and toughened glass, o/than lead crystal, cut or engraved, valued o/$3 but n/over $5 each

Stemware is a type of glassware that is commonly used for serving alcoholic beverages such as wine. It is typically characterized by its long stem and bowl-shaped body. Stemware can be made from various types of glass, including pressed and toughened glass, as well as lead crystal. However, HS Code 70132830 specifically refers to stemware that is not made of pressed and toughened glass or lead crystal, but is instead cut or engraved. Additionally, the value of each stemware piece falls within the range of over $3 but not over $5.

When it comes to international trade, HS codes play a crucial role in identifying and classifying products. The HS code 70132830 allows customs authorities and traders to easily identify and categorize stemware that falls within the specified description. This streamlined process ensures smoother import and export procedures, as well as accurate tariff calculations.

Speaking of tariffs, the bound or MFN (Most Favored Nation) duty rate for stemware with HS code 70132830 is 11.3%. The MFN principle states 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. This principle promotes fair and non-discriminatory trade practices among countries.

When it comes to quantity, the unit of measurement for stemware with HS code 70132830 is "number" (NO). This means that the quantity of stemware is counted based on the individual pieces rather than weight or volume.

Now let's take a look at the special tariff preference programs associated with HS code 70132830. The following countries or regions offer preferential tariff rates for stemware imports:

• Free: Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment.
• Bahrain Special Rate: Stemware imported from Bahrain enjoys a special tariff rate.
• NAFTA for Canada: Stemware imported from Canada under the NAFTA (North American Free Trade Agreement) receives duty-free treatment.
• Africa Growth and Opportunity Act (AGOA): Stemware imported from eligible African countries under the AGOA receives duty-free treatment.
• Caribbean Basin Initiative (CBI): Stemware imported from eligible Caribbean countries under the CBI receives duty-free treatment.
• Israel Special Rate: Stemware imported from Israel enjoys a special tariff rate.
• Andean Trade Preference Act (ATPA): Stemware imported from eligible Andean countries under the ATPA receives duty-free treatment.
• Jordan Special Rate: Stemware imported from Jordan enjoys a special tariff rate.
• Morocco Special Rate: Stemware imported from Morocco enjoys a special tariff rate.
• NAFTA for Mexico: Stemware imported from Mexico under the NAFTA receives duty-free treatment.
• Oman Special Rate: Stemware imported from Oman enjoys a special tariff rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Stemware imported from eligible countries under the DR-CAFTA receives a special tariff rate.
• Peru Special Rate: Stemware imported from Peru enjoys a special tariff rate of 2.80%.
• Australia Special Rate: Stemware imported from Australia enjoys a special tariff rate of 1.40%.
• Chile Special Rate: Stemware imported from Chile enjoys a special tariff rate of 1.40%.
• Singapore Special Rate: Stemware imported from Singapore enjoys a special tariff rate of 1.40%.

It is important for importers and exporters to be aware of these special tariff rates and take advantage of them when trading stemware with HS code 70132830. These preferential programs can significantly reduce the cost of importing or exporting stemware, thereby promoting trade between countries and regions.

HS code 70132830 specifically refers to cut or engraved stemware, excluding pressed and toughened glass or lead crystal, with a value of over $3 but not over $5 each. This code allows for easy identification, classification, and tariff calculation of stemware during international trade. Importers and exporters should also take note of the special tariff preference programs available for stemware imports, as they can help reduce costs and facilitate trade.

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