HS Code 91082080: Watch Movements, Complete and Assembled, with Automatic Winding, 17 Jewels or Less
Watch movements are essential components in the manufacturing of watches. They are responsible for the accurate timekeeping and functionality of the timepiece. The HS code 91082080 specifically refers to watch movements that are complete and assembled, featuring automatic winding and containing 17 jewels or less.
When it comes to international trade, countries have various trade barriers and market regulations in place. However, with the HS code 91082080, a special provision is made to lower trade barriers and open up markets. This means that every time a country reduces a trade barrier or opens its market for this specific product, it has to do the same for all its trading partners.
The quantity unit for this HS code is "number" (NO), indicating that the quantity of watch movements is measured in individual units.
Several special tariff preference programs are available for the import and export of watch movements under HS code 91082080. These programs offer preferential treatment in terms of duty rates. Here are some of the notable programs:
- Australia Special Rate: Importing watch movements under this program from Australia is duty-free.
- Bahrain Special Rate: Watch movements imported from Bahrain under this program are exempted from duty charges.
- NAFTA for Canada: Under the North American Free Trade Agreement, watch movements imported from Canada receive duty-free treatment.
- Chile Special Rate: Importing watch movements from Chile under this program entails special duty rates.
- Africa Growth and Opportunity Act (AGOA): Watch movements imported under this program from eligible African countries receive duty-free treatment.
- Caribbean Basin Initiative (CBI): Duty-free treatment is provided for watch movements imported from eligible countries in the Caribbean Basin.
- Israel Special Rate: Importing watch movements from Israel under this program is duty-free.
- Andean Trade Promotion and Drug Eradication Act (ATPDEA): Watch movements imported from ATPDEA beneficiary countries receive preferential duty rates.
- Jordan Special Rate: Importing watch movements from Jordan under this program entails special duty rates.
- Morocco Special Rate: Watch movements imported from Morocco under this program are subject to special duty rates.
- NAFTA for Mexico: Similar to NAFTA for Canada, this program provides duty-free treatment for watch movements imported from Mexico.
- Oman Special Rate: Watch movements imported from Oman under this program are subject to special duty rates.
- Dominican Republic-Central American Special Rate (DR-CAFTA): Importing watch movements from DR-CAFTA countries involves special duty rates.
- Peru Special Rate: Watch movements imported from Peru under this program are subject to special duty rates.
- Caribbean Basin Trade Partnership Act (CBTPA): Duty-free treatment is provided for watch movements imported from eligible countries in the Caribbean Basin under this program.
- Singapore Special Rate: Importing watch movements from Singapore under this program entails special duty rates.
When importing watch movements under HS code 91082080 to the United States, certain US states are involved in the exporting process. One of these states is the Virgin Islands.
Overall, the HS code 91082080 plays a crucial role in facilitating the international trade of watch movements. It ensures that trade barriers are lowered, markets are opened, and preferential treatment is provided to promote the import and export of these essential components in the watchmaking industry.
More on HS code 91082080