HS Code 70194090 refers to woven glass fiber fabrics of rovings that are colored and have a width of over 30 cm. This code specifically excludes fiberglass tire cord fabric. Understanding this HS code is crucial for importers and exporters who deal with these types of products.
The bound or most-favored-nation (MFN) duty rate for products falling under HS Code 70194090 is 7%. The MFN principle states that whenever a country reduces trade barriers or opens up a market, it must do so for all its trading partners. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for products classified under this HS code is square meters (M2). This means that the measurement and pricing of these woven glass fiber fabrics are based on their total area in square meters.
Several special tariff preference programs apply to products falling under HS Code 70194090. These programs offer preferential treatment and reduced or zero import duties for eligible countries. The following countries have special rates for this HS code: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic and Central America (under DR-CAFTA), Peru, and Singapore.
When importing products classified under HS Code 70194090 to the United States, it is important to consider the specific regulations and requirements of the exporting state. Similarly, exporters from the United States need to be aware of the regulations and requirements of the importing state. These regulations can vary from state to state and may include additional documentation, inspections, or labeling requirements.
HS Code 70194090 refers to woven glass fiber fabrics of rovings that are colored and have a width over 30 cm. It is important for importers and exporters to understand this code, as well as the associated duty rates and special tariff preference programs. Compliance with regulations and requirements is crucial for smooth and hassle-free international trade.