HS Code 91031080: Clocks with Watch Movements
Clocks with watch movements are a specific category of clocks that fall under HS Code 91031080. This code is used to classify and identify these products for international trade purposes. Clocks with watch movements are electrically operated and have over 1 jewel in the movement. It is important to note that this HS code excludes clocks falling under heading 9104.
The HS code provides a standardized classification system for goods traded internationally. It helps countries determine the appropriate customs duties, taxes, and regulations for specific products. HS codes are used by customs authorities worldwide to facilitate the smooth flow of trade and ensure compliance with international trade agreements.
The specific product description for HS Code 91031080 includes clocks with watch movements that are electrically operated and have over 1 jewel in the movement. This means that these clocks are powered by electricity and contain intricate watch movements with multiple jewels to enhance their precision and functionality.
When it comes to the import and export of clocks with watch movements under HS Code 91031080, certain duty rates and special tariff preference programs apply. The bound or most-favored-nation (MFN) duty rate for these clocks is 48 cents each, with an additional 4.6% duty on the case and 3.5% duty on the battery.
It is important to understand that trade barriers and market access can vary from country to country. However, the principle of non-discrimination applies, which means that when 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. This ensures fair and equal treatment for all trading partners.
The quantity unit for clocks with watch movements under HS Code 91031080 is "number" (NO). This unit indicates that the quantity of these clocks is measured by the number of units imported or exported.
In terms of special tariff preference programs, clocks with watch movements under HS Code 91031080 are eligible for various preferential treatment options. Some of these programs include:
- A+: Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
- AU: Australia Special Rate.
- BH: Bahrain Special Rate.
- CA: NAFTA for Canada (duty-free treatment).
- CL: Chile Special Rate.
- D: Africa Growth and Opportunity Act (AGOA) (duty-free treatment).
- E: Caribbean Basin Initiative (CBI).
- IL: Israel Special Rate (duty-free treatment).
- J: Andean Trade Preference Act (ATPA).
- JO: Jordan Special Rate.
- MA: Morocco Special Rate.
- MX: NAFTA for Mexico.
- OM: Oman Special Rate.
- P: Dominican Republic-Central American Special Rate (DR-CAFTA).
- PE: Peru Special Rate.
- SG: Singapore Special Rate.
These special tariff preference programs provide certain countries or regions with preferential treatment, such as duty-free or reduced-duty access to the importing country's market. This helps promote economic development, trade, and cooperation between countries.
When importing clocks with watch movements under HS Code 91031080 into the United States, it is essential to consider the specific regulations and requirements of both the importing and exporting states. Different states may have additional regulations or restrictions on the importation of these goods, which should be taken into account.
HS Code 91031080 is used to classify clocks with watch movements that are electrically operated and have over 1 jewel in the movement. This code helps facilitate international trade by providing a standardized classification system. It is important for importers, exporters, and customs authorities to understand the specific product description, duty rates, and special tariff preference programs associated with this HS code for smooth and compliant trade operations.
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