Wall clocks are a common household item that not only serve a functional purpose but also add a touch of style to any room. The HS Code 91052910 specifically refers to wall clocks that are not electrically operated and have a movement measuring no more than 50 mm. These clocks are not designed or constructed to operate for more than 47 hours without rewinding.
When it comes to importing wall clocks with HS Code 91052910, it is important to understand the duty rates associated with this product. The bound / MFN (Most Favored Nation) duty rate for these clocks is 20 cents each, plus an additional 4.6% on the case. This means that for every unit of wall clock imported, a duty of 20 cents and 4.6% of the case value will be levied.
Trade barriers and market openness play a significant role in international trade. Whenever a country lowers a trade barrier or opens up a market, it is obligated to do so for the same goods or services from all its trading partners. This principle ensures fair and equal treatment among trading nations.
The quantity unit for wall clocks with HS Code 91052910 is represented by the abbreviation "NO," which stands for number. This unit signifies that the quantity is measured in individual clocks.
There are several special tariff preference programs available for wall clocks under HS Code 91052910. These programs offer various benefits and exemptions to certain countries. The following countries are eligible for duty-free treatment under specific programs:
It is important to note that duty-free treatment under these programs is subject to specific conditions and eligibility criteria. For example, only imports from least-developed beneficiary developing countries are eligible for GSP (Generalized System of Preferences) under that subheading.
In the United States, the importing and exporting of wall clocks with HS Code 91052910 is not restricted to specific states. These clocks can be imported from any state and exported to any state within the country.
Overall, HS Code 91052910 represents wall clocks that are not electrically operated and have specific size and operational limitations. Understanding the duty rates and special tariff preference programs associated with this HS Code can help importers and exporters navigate the international trade landscape more effectively.