Glassware plays an essential role in our daily lives, whether it be for serving meals or adding a touch of elegance to our dining experience. One particular category of glassware that falls under HS Code 70134920 includes glassware for table or kitchen purposes. In this article, we will explore the details of this HS code, its product description, and the various tariff rates and special tariff preference programs associated with it.
The HS Code 70134920 encompasses glassware for table or kitchen purposes, excluding drinking glasses, that are not valued over $3 each. This category includes a wide range of glassware items that are commonly used in households and food establishments. Examples of such glassware include plates, bowls, serving dishes, glass containers, and other kitchen utensils made from glass.
The bound / MFN (Most Favored Nation) duty rate for HS Code 70134920 is 22.5%. The MFN principle states 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 duty rate applies to imports of glassware for table or kitchen purposes from any country, ensuring a fair and equal treatment for all trading partners.
The quantity unit for HS Code 70134920 is the number (NO). This means that the quantity of glassware items imported or exported is measured in the number of individual units.
There are several special tariff preference programs associated with HS Code 70134920, offering different duty rates based on specific criteria. These programs aim to promote trade and economic development between countries. Let's explore some of these programs:
HS Code 70134920 applies to glassware imports and exports across all states of the United States. Whether you are importing or exporting glassware for table or kitchen purposes, this HS code is applicable throughout the country.
HS Code 70134920 covers glassware for table or kitchen purposes. It includes a variety of glassware items, excluding drinking glasses, that are valued not over $3 each. The bound / MFN duty rate is 22.5%, ensuring equal treatment for all trading partners. Various special tariff preference programs offer different duty rates based on specific criteria, promoting trade and economic development. Understanding the details of this HS code is crucial for importers, exporters, and anyone involved in the glassware industry.