Glassware is an essential component of any table or kitchen setup. It serves both functional and aesthetic purposes, adding elegance and style to the dining experience. One specific category of glassware is lead crystal, which is known for its clarity, brilliance, and durability. The HS Code 70134130 refers to glassware for table or kitchen purposes (other than drinking glasses) made of lead crystal, with a value ranging from over $3 to not over $5 each.
Lead crystal glassware is highly valued for its unique properties. It contains a significant amount of lead oxide, which gives it a high refractive index, resulting in exceptional brilliance and sparkle. The addition of lead also makes the glassware more durable and resistant to chipping or breaking. These qualities make lead crystal glassware a popular choice for special occasions, fine dining, and gifting purposes.
When importing or exporting glassware with HS Code 70134130, it is important to be aware of the applicable duty rates. The bound/MFN (Most Favored Nation) duty rate for this product is 10.5%. This means 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 ensures fair and equal treatment for all participating countries.
The quantity unit for glassware with HS Code 70134130 is measured in numbers (NO). This unit indicates the number of individual pieces of glassware being imported or exported.
There are also special tariff preference programs available for glassware with HS Code 70134130. These programs offer reduced or duty-free rates for specific countries. The following countries enjoy duty-free treatment:
These special tariff preference programs aim to promote trade and economic cooperation between countries. They provide incentives for importing and exporting countries to engage in mutually beneficial trade relationships.
When importing glassware with HS Code 70134130 into the United States, it is important to consider the specific regulations and requirements of the importing states. Similarly, exporting glassware from the United States to other countries requires compliance with the regulations and requirements of the destination country.
Overall, glassware with HS Code 70134130 provides a touch of elegance and sophistication to any table or kitchen. Its lead crystal composition, combined with its aesthetic appeal, makes it a sought-after choice for those who appreciate fine dining and luxurious experiences. The availability of special tariff preference programs further facilitates international trade and fosters economic cooperation between countries.