Alarm clocks are a common household item that helps us wake up and start our day on time. They come in various shapes, sizes, and designs, and are often electrically operated. However, there is a specific category of alarm clocks that are not electrically operated and fall under the HS Code 91051940. In this article, we will explore the details of this HS Code and the relevant information associated with it.
HS Code 91051940 refers to alarm clocks that are not electrically operated and have a movement measuring over 50 mm in width or diameter. These alarm clocks can be of different types, such as analog or mechanical, and are valued at not over $5 each.
The bound or most-favored-nation (MFN) duty rate for alarm clocks falling under HS Code 91051940 is 15 cents each. Additionally, there is a 6.4% duty rate imposed every time a country lowers a trade barrier or opens up a market. This means that if a country reduces tariffs or opens its market for alarm clocks, it must do so for the same goods or services from all its trading partners.
The quantity unit for alarm clocks under HS Code 91051940 is "number" (NO). This means that the quantity is measured in the number of alarm clocks being imported or exported.
There are several special tariff preference programs that offer different rates for alarm clocks falling under HS Code 91051940. These programs provide duty-free treatment or reduced tariffs based on specific criteria. Here are some of the programs and the associated rates:
HS Code 91051940 applies to alarm clocks being imported or exported to and from various US states. The specific states involved in the import or export of alarm clocks falling under this HS Code may vary depending on trade agreements and market demand. It is important for importers and exporters to be aware of the regulations and requirements associated with each state.
HS Code 91051940 pertains to alarm clocks that are not electrically operated and have a movement measuring over 50 mm in width or diameter. It is essential for businesses and individuals involved in the import or export of alarm clocks to understand the specific regulations, duty rates, and tariff preference programs associated with this HS Code. By staying informed and compliant, importers and exporters can navigate the international trade landscape efficiently and effectively.