HS Code 70191928: Glass Fiber Yarns, Colored
- Product description: Glass fiber yarns, colored, other than fiberglass rubber reinforcing yarn
- Bound / MFN duty rate: 7%
- Quantity unit: kilograms (KG)
- Special tariff preference programs: Free (AU, BH, CA, CL, IL, JO, MA, MX, OM, P, PE, SG)
Glass fiber yarns are an essential component in various industries, including construction, automotive, aerospace, and textile. The HS Code 70191928 specifically refers to colored glass fiber yarns, excluding fiberglass rubber reinforcing yarn. This article will provide an extensive overview of this HS Code, its product description, duty rates, quantity unit, and special tariff preference programs.
Glass fiber yarns are made by melting glass and extruding it into fine fibers. These fibers are then spun into yarns, which can be further processed into fabrics, tapes, or other forms. The coloring of the glass fiber yarns adds aesthetic appeal and allows for differentiation in various applications.
The product description of HS Code 70191928 focuses on colored glass fiber yarns that do not include fiberglass rubber reinforcing yarn. Fiberglass rubber reinforcing yarn is used specifically for reinforcing rubber products, such as tires or conveyor belts, and is classified under a different HS Code.
When importing glass fiber yarns with HS Code 70191928, a bound / MFN (Most Favored Nation) duty rate of 7% applies. 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 a standard rate applicable to all countries importing glass fiber yarns under this HS Code.
The quantity unit for glass fiber yarns is measured in kilograms (KG). This unit of measurement provides a standardized way to quantify the amount of glass fiber yarns being imported or exported.
Special tariff preference programs are available for importing glass fiber yarns with HS Code 70191928. The following countries have specific tariff rates or duty-free treatment for these products:
- Australia (Special Rate)
- Bahrain (Special Rate)
- Canada (NAFTA - duty-free treatment)
- Chile (Special Rate)
- Israel (Special Rate - duty-free treatment)
- Jordan (Special Rate)
- Morocco (Special Rate)
- Mexico (NAFTA - duty-free treatment)
- Oman (Special Rate)
- Dominican Republic-Central America (DR-CAFTA - Special Rate)
- Peru (Special Rate)
- Singapore (Special Rate)
These special tariff preference programs aim to promote trade and facilitate economic cooperation between countries. Importers or exporters in these countries can benefit from reduced or zero-duty rates when trading glass fiber yarns with HS Code 70191928.
HS Code 70191928 represents colored glass fiber yarns, excluding fiberglass rubber reinforcing yarn. It has a bound / MFN duty rate of 7% and is measured in kilograms (KG). Importers can also take advantage of special tariff preference programs in various countries to enjoy reduced or duty-free treatment. Glass fiber yarns are versatile materials with numerous applications, and understanding the HS Code and its associated details is crucial for international trade in this industry.
More on HS code 70191928
