Analysis
HTS 7014.00.10 covers lens blanks (other than for spectacles) under heading 7014 (signaling glassware and optical elements of glass (other than those of heading 7015), not…).
Rates on the nearby lines range from 3.3% to 5%. The costliest confusion would be with 7014.00.20 (optical elements: other) at 5%, a difference of 0.9 points on the customs value.
Goods that qualify under GSP, the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, and 12 others can enter duty-free instead of paying 4.1%. It is also eligible under GSP, the developing-country programme, which Congress has to renew; check whether GSP is in force on the entry date.
The general duty rate is 4.1% of the customs value, which is in the middle of the rates in chapter 70 (37th percentile of 192 lines with an ad valorem rate). On a shipment valued at $10,000 that is $410 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 40%, 9.8 times the general rate.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7014.00.20 | Optical elements: other | 5% |
| 7014.00.30 | Lenses and filters, and parts thereof | 3.4% |
| 7014.00.50 | Other: other | 3.3% |