The HS Code 70195930 refers to woven fiberglass tire cord fabric that is not colored and is not elsewhere specified or included. The fabric is over 30 cm wide and is made of electrically non-conductive continuous filaments with a diameter of 9-11 microns. It is also impregnated for adhesion purposes.
This specific HS code is used to classify and identify this particular type of fabric for trade and customs purposes. It allows for easier international trade by providing a standardized code that can be recognized and understood by all parties involved.
The product description provides important details about the fabric, such as its composition, width, and impregnation. This information is crucial for importers, exporters, and customs officials to accurately classify and process the fabric during international trade transactions.
When it comes to the duty rates for this HS code, it is specified as "Bound / MFN duty rate: Free." This means that there are no specific tariffs or duties imposed on the import or export of this fabric. It is duty-free, which can make it more attractive for international trade.
Special tariff preference programs also exist for this HS code. The following countries have special rates or duty-free treatment for importing or exporting woven fiberglass tire cord fabric under HS Code 70195930: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, Dominican Republic-Central American countries (under DR-CAFTA), Peru, and Singapore.
These special tariff preference programs provide additional benefits for traders who import or export this fabric to or from these countries. It can help lower the overall cost of the fabric and make it more competitive in the global market.
The quantity unit for this HS code is square meters (M2). This unit of measurement is used to determine the quantity or amount of woven fiberglass tire cord fabric being imported or exported.
HS Code 70195930 is used to identify and classify woven fiberglass tire cord fabric that is not colored, over 30 cm wide, made of electrically non-conductive continuous filaments, and impregnated for adhesion. It is duty-free and has special tariff preference programs in various countries, making it an important product for international trade.