Analysis
HTS 7014.00.50 covers other: other under heading 7014 (signaling glassware and optical elements of glass (other than those of heading 7015), not…).
Within this group the rate runs from 3.4% to 5%. Compared with 7014.00.20 (optical elements: other), which pays 5%, a misclassification either way moves the duty by 1.7 percentage points.
The general duty rate is 3.3% of the customs value, which is in the middle of the rates in chapter 70 (34th percentile of 192 lines with an ad valorem rate). On a shipment valued at $10,000 that is $330 in duty before any Chapter 99 additions or preference claims.
The column 2 rate, for countries without normal trade relations, is 60%, 18.2 times the general rate.
Goods that qualify under GSP, the Australia FTA, the Automotive Products Trade Act, the Bahrain FTA, the Chile FTA, and 13 others can enter duty-free instead of paying 3.3%. 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.
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 7014.00.10 | Lens blanks (other than for spectacles) | 4.1% |
| 7014.00.20 | Optical elements: other | 5% |
| 7014.00.30 | Lenses and filters, and parts thereof | 3.4% |