Glass rearview mirrors for vehicles fall under the HS Code 70091000. This code is used to classify specific products for international trade purposes. In this article, we will explore the details of this HS code and provide comprehensive information about glass rearview mirrors for vehicles.
Product Description:
Glass rearview mirrors for vehicles are essential components that provide drivers with visibility and improve road safety. These mirrors are designed to reflect the view from behind the vehicle, allowing the driver to monitor the traffic and surroundings without turning their head. They are made from high-quality glass that offers clarity and durability.
Bound / MFN Duty Rate:
The bound / MFN duty rate for glass rearview mirrors for vehicles is 3.9%. The bound rate refers to the maximum tariff rate that a country can impose on imported goods. The Most Favored Nation (MFN) duty rate is applicable every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive equal treatment from all trading partners.
Quantity Unit:
Glass rearview mirrors for vehicles are measured in the quantity unit of number (NO). This unit signifies the number of mirrors being imported or exported.
Special Tariff Preference Programs:
There are various special tariff preference programs available for glass rearview mirrors for vehicles. These programs offer reduced or duty-free treatment based on specific trade agreements. Some of the notable programs include:
Importing and Exporting US States:
Glass rearview mirrors for vehicles are imported and exported to various US states. One of the prominent states involved in this trade is Michigan. It plays a significant role in the automotive industry, making it a key destination for the import and export of vehicle components.
glass rearview mirrors for vehicles fall under the HS Code 70091000. This code helps in the classification and regulation of international trade. Understanding the details and associated tariff preference programs can aid importers and exporters in making informed decisions. With the inclusion of special tariff preference programs and the involvement of specific US states like Michigan, the trade of glass rearview mirrors contributes to the automotive industry's growth and promotes road safety.