HS Code 70195290: Woven Glass Fiber Fabric
Woven glass fiber fabric is a versatile material used in various industries for its strength, durability, and heat resistance properties. It is commonly used in applications such as insulation, reinforcement, and filtration. In this article, we will explore the details of HS Code 70195290, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Product Description:
HS Code 70195290 refers to woven glass fiber fabric that is not colored, not rovings, and has a plain weave. The fabric is usually less than 30 centimeters wide and weighs less than 250 grams per square meter. It is important to note that the fabric should not contain any single yarn exceeding 136 tex. This code categorizes the specific characteristics of woven glass fiber fabric to facilitate international trade and ensure accurate classification.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for HS Code 70195290 is 7%. 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 7% duty rate is applicable to the import of woven glass fiber fabric classified under this HS code.
Quantity Unit:
The quantity unit for HS Code 70195290 is square meters (M2). This unit is used to measure the area of woven glass fiber fabric being imported or exported. It provides a standardized method of quantifying the volume of the product, ensuring consistency in trade transactions.
Special Tariff Preference Programs:
Several special tariff preference programs are available for woven glass fiber fabric classified under HS Code 70195290. These programs provide reduced or duty-free rates for imports from specific countries. The following are some of the programs applicable to this HS code:
- Australia Special Rate: Imports from Australia enjoy duty-free treatment under this program.
- Bahrain Special Rate: Woven glass fiber fabric imports from Bahrain also benefit from duty-free treatment.
- NAFTA for Canada: Canada receives duty-free treatment for imports under the North American Free Trade Agreement (NAFTA).
- Chile Special Rate: Imports from Chile are eligible for a special rate under this program.
- Israel Special Rate: Woven glass fiber fabric imports from Israel receive duty-free treatment.
- Jordan Special Rate: Imports from Jordan enjoy a special rate under this program.
- Morocco Special Rate: Woven glass fiber fabric imports from Morocco receive a preferential rate.
- NAFTA for Mexico: Mexico benefits from duty-free treatment for imports under NAFTA.
- Oman Special Rate: Imports from Oman receive a special rate under this program.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Countries in the DR-CAFTA region receive preferential treatment for imports.
- Peru Special Rate: Imports from Peru enjoy a special rate under this program.
- Singapore Special Rate: Woven glass fiber fabric imports from Singapore receive duty-free treatment.
These special tariff preference programs aim to promote trade between countries and provide economic benefits to the participating nations.
Importing US States and Exporting US States:
HS Code 70195290 is applicable to imports and exports of woven glass fiber fabric in the United States. Importing US states can vary depending on the demand and requirements of specific industries. Similarly, the exporting US states can also vary based on the production capabilities and distribution networks of manufacturers and suppliers.
HS Code 70195290 represents woven glass fiber fabric that is widely used in various industries. This article provided an extensive overview of the HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states. Understanding the specific details of HS codes is crucial for international trade, as it ensures accurate classification and facilitates smooth transactions between trading partners.
More on HS code 70195290
