Wall clocks are a common household item that can be found in many homes and offices. They not only serve the practical purpose of telling time, but they can also be a stylish addition to any room. The HS code 91052180 specifically refers to wall clocks that are not only electrically operated but also do not have an opto-electronic display.
When it comes to international trade, the HS code plays a crucial role in classifying and identifying different products. It helps customs authorities worldwide to track and regulate the import and export of goods. The HS code 91052180 allows for the accurate identification of wall clocks that fall within its specific description, ensuring that the appropriate customs duties and regulations are applied.
One important aspect to consider when importing or exporting products is the duty rate. In the case of HS code 91052180, the bound or most-favored-nation (MFN) duty rate is set at 30 cents each, with additional percentages applied to the case and battery. This means that for every wall clock imported or exported under this HS code, a duty rate of 30 cents per clock, 6.9% on the case, and 5.3% on the battery will be levied.
It is worth noting that trade barriers and market openings can have an impact on the duty rates applied. According to the principle of most-favored-nation treatment, 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 countries involved in international trade.
When it comes to quantities, the unit of measurement for HS code 91052180 is the number (NO). This means that the quantity of wall clocks being imported or exported will be measured in the total number of clocks.
In terms of tariff preference programs, there are several options available for importers and exporters of wall clocks under HS code 91052180. These programs offer special rates or duty-free treatment based on specific criteria. The countries and programs applicable to this HS code include:
These special tariff preference programs provide an opportunity for eligible countries to import or export wall clocks under HS code 91052180 with reduced or zero duty rates. It is important for importers and exporters to familiarize themselves with the specific requirements and criteria of each program to take advantage of these benefits.
Importing and exporting of wall clocks under HS code 91052180 is not limited to specific US states. This means that wall clocks can be imported or exported from any state within the United States to any other state or even to other countries.
the HS code 91052180 relates to wall clocks that are electrically operated and do not have an opto-electronic display. This code helps customs authorities accurately classify and regulate the import and export of these specific types of wall clocks. Understanding the duty rates, quantities, and special tariff preference programs associated with this HS code is essential for importers and exporters to navigate international trade successfully.