Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 70133760: A Guide to Drinking Glasses

Drinking glasses are a common household item that we often take for granted. Whether it's for sipping a refreshing beverage or serving guests at a dinner party, drinking glasses play an essential role in our daily lives. The HS Code 70133760 specifically refers to drinking glasses that are not made of pressed and toughened glass or lead crystal, and are valued over $5 each. Let's dive deeper into the details of this HS Code and explore its implications.

When it comes to international trade, HS Codes play a crucial role in classifying products for customs purposes. The HS Code 70133760 helps identify drinking glasses that meet specific criteria, ensuring that they are correctly categorized and taxed accordingly. This HS Code is used worldwide, making it easier for countries to track and regulate the import and export of drinking glasses.

One important aspect to consider when dealing with the HS Code 70133760 is the bound or MFN (Most Favored Nation) duty rate. In this case, the bound duty rate is 5%. This means 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. This consistent duty rate ensures fair and equal treatment for all countries involved in the trade of drinking glasses.

The quantity unit for the HS Code 70133760 is "number" (NO), indicating that the quantity is measured in individual units rather than weight or volume. This unit of measurement simplifies the import and export process, allowing for easier tracking and documentation of drinking glass shipments.

Now, let's explore the special tariff preference programs associated with the HS Code 70133760. These programs offer various benefits and incentives to countries involved in the import and export of drinking glasses.

• Free: Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment. This program aims to support economic growth in these countries by providing them with preferential trade conditions.
• Australia Special Rate: Australia has a special rate for imports of drinking glasses, offering favorable trade conditions for both parties involved.
• Bahrain Special Rate: Bahrain also provides a special rate for imports of drinking glasses, promoting trade relations with other countries.
• NAFTA: Under the North American Free Trade Agreement, Canada and Mexico enjoy duty-free treatment for the import of drinking glasses.
• Chile Special Rate: Chile offers a special rate for imports of drinking glasses, fostering trade partnerships with other nations.
• Africa Growth and Opportunity Act (AGOA): This program grants duty-free treatment to eligible countries in Africa, supporting economic development and trade expansion.
• Caribbean Basin Initiative (CBI): Countries in the Caribbean Basin receive duty-free treatment for imports of drinking glasses under this program, promoting regional trade integration.
• Israel Special Rate: Israel provides a special rate for imports of drinking glasses, enhancing trade cooperation with other nations.
• Andean Trade Preference Act (ATPA): This program grants duty-free treatment to eligible countries in the Andean region, fostering trade relationships and economic growth.
• Jordan Special Rate: Jordan offers a special rate for imports of drinking glasses, facilitating trade with other countries.
• Oman Special Rate: Oman provides a special rate for imports of drinking glasses, promoting trade partnerships and economic development.
• Dominican Republic-Central American Special Rate (DR-CAFTA): This program grants duty-free treatment to eligible countries in the Dominican Republic and Central America, strengthening trade ties and regional integration.
• Peru Special Rate: Peru offers a special rate for imports of drinking glasses, encouraging trade relations with other nations.
• Singapore Special Rate: Singapore provides a special rate for imports of drinking glasses, fostering trade cooperation with other countries.
• Morocco Special Rate: Morocco has a special rate of 2.20% for imports of drinking glasses, offering favorable trade conditions for both parties involved.

When importing drinking glasses into the United States, it's important to consider the exporting US states. The HS Code 70133760 allows for the import of drinking glasses from various states, promoting domestic trade and supporting local industries. Similarly, when exporting drinking glasses from the United States, it's crucial to be aware of the importing US states to ensure compliance with local regulations and requirements.

the HS Code 70133760 plays a vital role in the classification and regulation of drinking glasses in international trade. It helps countries track and monitor the import and export of these products, ensuring fair and equal treatment for all trading partners. Understanding the details and implications of this HS Code is essential for businesses and individuals involved in the import and export of drinking glasses.