Drinking glasses are a common household item that we use every day. Whether it's for enjoying a refreshing glass of water or sipping on our favorite beverage, drinking glasses play an essential role in our lives. In this article, we will explore the HS Code 70133750, which specifically refers to drinking glasses that are not made of pressed and toughened glass, lead crystal, and are not cut or engraved. These glasses are valued at over $3 but not over $5 each.
HS Code 70133750 is used to classify and identify drinking glasses that fall under this specific description. This code is part of the Harmonized System (HS), an internationally recognized system for classifying traded products. It helps ensure uniformity in trade and facilitates the collection of trade statistics.
Bound / MFN duty rate for products under HS Code 70133750 is 7.5%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate to the same goods or services from all its trading partners. This promotes fair and equal trade among countries.
The quantity unit for products classified under HS Code 70133750 is the number (NO). This unit indicates that the quantity of drinking glasses is measured in individual pieces.
Special tariff preference programs apply to products under HS Code 70133750. These programs provide specific benefits or exemptions from import duties for eligible countries. Here are some of the special tariff preference programs applicable to this HS Code:
When importing drinking glasses under HS Code 70133750, it is essential to consider the special tariff preference programs available to determine any applicable duty rates or exemptions based on the country of origin and destination.
Importing US states and exporting US states play a crucial role in the trade of drinking glasses classified under HS Code 70133750. The specific states involved in import and export transactions can vary depending on various factors such as production centers, distribution networks, and consumer demand.
HS Code 70133750 is the code used to classify drinking glasses that meet the specified criteria. This code helps facilitate international trade and ensures uniformity in the classification of products. Understanding the HS Code and the related duty rates and tariff preference programs is essential for businesses and individuals involved in the import and export of drinking glasses.