Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 70140050: Signaling Glassware, nesoi, not optically worked

When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying and identifying products. In this article, we will delve into the details of HS Code 70140050, which pertains to signaling glassware that is not optically worked. Let's explore the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states associated with this HS Code.

Product Description

HS Code 70140050 refers to signaling glassware that is not optically worked. This category includes various types of glassware used for signaling purposes, such as traffic lights, signal lanterns, and other similar products. These signaling glassware items may have specific designs or features that allow them to emit light or convey visual signals effectively.

Duty Rates

The bound or Most Favored Nation (MFN) duty rate for HS Code 70140050 is set at 3.3%. The MFN duty rate is the rate applied to imports when a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive consistent treatment from all trading partners of that country.

Quantity Unit

The quantity unit for HS Code 70140050 is measured in numbers (NO). This unit indicates that the quantity of signaling glassware items imported or exported under this HS Code is counted individually.

Special Tariff Preference Programs

Several special tariff preference programs are available for imports and exports under HS Code 70140050. These programs offer specific tariff treatments or exemptions to certain trading partners. Here are some of the special tariff preference programs associated with this HS Code:

• Generalized System of Preferences (GSP): Provides duty-free treatment for eligible countries.
• Australia Special Rate: Duty-free treatment under the Automotive Products Trade Act (APTA).
• Bahrain Special Rate: Duty-free treatment.
• NAFTA for Canada: Duty-free treatment under the North American Free Trade Agreement.
• Chile Special Rate: Duty-free treatment under the Chile Special Rate.
• Caribbean Basin Initiative (CBI): Duty-free treatment for eligible countries.
• Israel Special Rate: Duty-free treatment.
• Andean Trade Preference Act (ATPA): Duty-free treatment for eligible countries.
• Jordan Special Rate: Duty-free treatment.
• Morocco Special Rate: Duty-free treatment.
• NAFTA for Mexico: Duty-free treatment under the North American Free Trade Agreement.
• Oman Special Rate: Duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Duty-free treatment.
• Peru Special Rate: Duty-free treatment.
• Singapore Special Rate: Duty-free treatment.

Importing and Exporting US States

HS Code 70140050 is applicable to imports and exports involving various US states. The specific states involved in importing and exporting signaling glassware under this HS Code may vary based on trade activities. It is important for businesses and traders to be aware of the regulations and requirements associated with their respective states when dealing with HS Code 70140050.

HS Code 70140050 covers signaling glassware that is not optically worked. This article has provided an in-depth understanding of the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states associated with this HS Code. By familiarizing themselves with this information, importers, exporters, and traders can ensure compliance and make informed decisions when engaging in international trade related to signaling glassware.