Glassware has long been an essential part of our daily lives, particularly when it comes to table or kitchen purposes. From elegant dinner parties to casual family meals, glassware adds a touch of style and sophistication to any dining experience. One type of glassware that stands out is lead crystal, known for its exceptional clarity and sparkle. In this article, we will explore HS Code 70134120, which specifically pertains to glassware for table or kitchen purposes (other than drinking glasses) made of lead crystal.
HS Code 70134120 covers glassware made of lead crystal that is valued over $1 but not over $3 each. This includes a wide range of items such as bowls, plates, vases, and other decorative pieces commonly used in table settings and kitchen decor. Lead crystal glassware is known for its high refractive index, which gives it a brilliant shine and makes it highly sought after by collectors and enthusiasts.
The bound / MFN (Most Favored Nation) duty rate for glassware under HS Code 70134120 is 14%. 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. The duty rate of 14% is applied to the declared value of each item imported under this HS code.
The quantity unit for glassware under HS Code 70134120 is number (NO). This means that the quantity of glassware imported or exported is measured in the number of individual items rather than weight or volume.
Several special tariff preference programs are applicable to glassware under HS Code 70134120. These programs offer reduced or duty-free treatment based on the origin or destination of the goods. The following are the special tariff preference programs and their respective rates:
Glassware under HS Code 70134120 can be imported into and exported from various states in the United States. Some of the major importing states include California, New York, Texas, Florida, and Illinois. These states have a high demand for glassware and are often hubs for distribution and trade.
On the other hand, glassware produced in the United States is exported to countries around the world. Some of the major exporting states include California, New York, Ohio, Pennsylvania, and Texas. These states have a strong manufacturing base and produce high-quality glassware for the international market.
HS Code 70134120 covers glassware for table or kitchen purposes made of lead crystal. This code is essential for trade and import-export activities, ensuring that proper tariffs and duties are applied. Glassware under this HS code is valued over $1 but not over $3 each. It is subject to a bound / MFN duty rate of 14% and is measured in the quantity unit of number (NO). Various special tariff preference programs are available, offering reduced or duty-free treatment based on the origin or destination of the goods. Importing and exporting of glassware under this HS code occur across different states in the United States, contributing to the global glassware trade.