Glassware for table or kitchen purposes is a versatile and essential component of any dining experience. From elegant dinner parties to casual family meals, the right glassware can enhance the enjoyment of food and drink. HS Code 70134230 specifically refers to glassware made from low coefficient of heat expansion glass, priced over $3 but not over $5 each.
Glassware falling under this HS code is subject to a bound or Most Favored Nation (MFN) duty rate of 11.3%. 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. The quantity unit for this HS code is measured in numbers (NO).
However, there are several special tariff preference programs that offer reduced or duty-free rates for glassware imported under HS Code 70134230. These programs aim to promote trade and economic development among specific countries. Here are some of the notable special tariff preference programs:
These special tariff preference programs provide opportunities for importers and exporters to benefit from reduced duty rates, making international trade more accessible and economically advantageous.
When importing glassware under HS Code 70134230, it's also important to consider the specific regulations and requirements of the importing and exporting US states involved. Compliance with these regulations ensures smooth customs clearance and trade facilitation.
HS Code 70134230 encompasses glassware for table or kitchen purposes made from low coefficient of heat expansion glass, priced over $3 but not over $5 each. This HS code is subject to a bound or MFN duty rate of 11.3%, but various special tariff preference programs offer reduced or duty-free rates for eligible imports. Understanding these programs and complying with state-specific regulations is crucial for successful import and export operations in the glassware industry.