When it comes to international trade, it is crucial to have a standardized system for classifying products. The Harmonized System (HS) Code plays a vital role in this regard. In this article, we will explore the HS Code 70199010, which represents woven glass fiber articles (other than fabrics), not elsewhere specified or included.
The HS Code 70199010 specifically refers to woven glass fiber articles that do not fall under the category of fabrics. These articles may include various woven products made from glass fibers, such as mats, tapes, cords, and other similar items. Glass fiber is a versatile material known for its strength, durability, and resistance to heat and corrosion. It finds applications in various industries, including construction, automotive, aerospace, and electrical.
Now, let's delve into the details of the HS Code 70199010:
According to the product description, the HS Code 70199010 covers woven glass fiber articles that are not classified as fabrics. This broad category encompasses a range of products made from glass fibers, excluding fabrics.
The bound or most-favored-nation (MFN) duty rate for the HS Code 70199010 is set at 4.8%. This rate applies to imports of woven glass fiber articles from all trading partners. It is important to note that countries must lower their trade barriers and open up their markets equally for all goods or services.
The quantity unit for the HS Code 70199010 is specified as "no units collected (X)." This indicates that the import quantity is not measured or collected in a specific unit. It could depend on various factors, such as weight, length, or volume, depending on the specific article being imported.
The HS Code 70199010 is eligible for several special tariff preference programs, allowing for duty-free treatment. These programs include:
These special tariff preference programs aim to promote trade and economic development between specific countries and the United States. Importers from these countries can benefit from reduced or eliminated duties on woven glass fiber articles falling under the HS Code 70199010.
the HS Code 70199010 encompasses woven glass fiber articles (other than fabrics), not elsewhere specified or included. It is important to be aware of the specific product description, bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS Code. By understanding and complying with these regulations, importers and exporters can navigate international trade more effectively and benefit from the opportunities provided by the global market.