When it comes to enjoying a refreshing beverage, having the right glassware can make all the difference. Drinking glasses are an essential part of any kitchen or dining set, and they come in a wide variety of styles and materials. One particular type of drinking glass that falls under the HS code 70133705 is worth exploring.
HS code 70133705 refers to drinking glasses that are not elsewhere specified or included (nesoi). These glasses are made from pressed and toughened (specially tempered) glass, excluding lead crystal. The use of toughened glass ensures durability and resistance to breakage, making them suitable for everyday use.
According to the HS code 70133705, the bound or most-favored-nation (MFN) duty rate for importing these drinking glasses is 12.5%. The MFN principle states that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for measuring drinking glasses under the HS code 70133705 is "number" (NO). This means that the quantity of glasses imported or exported is measured by the number of individual pieces.
Under the HS code 70133705, various special tariff preference programs apply to the importation of drinking glasses. These programs offer reduced or duty-free rates for specific countries. Here are some examples:
HS code 70133705 applies to both importing and exporting drinking glasses to and from various US states. The specific states involved in these transactions may vary depending on the trading partners, but the HS code remains the same.
The HS code 70133705 encompasses a range of drinking glasses made from pressed and toughened glass, excluding lead crystal. It is important for importers and exporters to understand the duty rates, quantity units, and special tariff preference programs associated with this HS code. By being knowledgeable about these details, businesses can make informed decisions and optimize their trading activities.