Watch movements, complete and assembled, not electrically operated or automatic winding, measuring over 33.8 mm, over 17 jewels fall under HS Code 91089095. This HS code is used to classify and identify these specific types of watch movements in international trade.
The HS code system is a standardized international system for classifying and coding products traded across borders. It is maintained by the World Customs Organization (WCO) and helps in the uniform classification of goods for customs purposes.
Watch movements under HS Code 91089095 refer to the internal mechanisms of a watch that power its timekeeping functions. These movements are complete and assembled, meaning they are ready to be installed in watch cases. They are not electrically operated or automatic winding, requiring manual winding to keep the watch running.
To be classified under HS Code 91089095, watch movements must meet specific criteria. They must have a size exceeding 33.8 mm and contain more than 17 jewels. Jewels in watch movements refer to small synthetic gemstones used as bearings to reduce friction and improve accuracy.
When importing or exporting watch movements under HS Code 91089095, it is essential to consider the associated duty rates. The bound or Most Favored Nation (MFN) duty rate for this HS code is $1.72 each. The MFN duty rate is the rate applied to imports from all trading partners that do not benefit from any preferential trade agreements or special tariff programs.
However, watch movements under HS Code 91089095 may be eligible for special tariff preference programs. These programs provide reduced or zero duty rates to promote trade and economic cooperation between countries. Some of the special tariff preference programs for this HS code include:
These special tariff preference programs vary from country to country and may provide duty-free treatment or reduced duty rates for watch movements under HS Code 91089095. Importers and exporters should familiarize themselves with the specific requirements and eligibility criteria of these programs to benefit from the reduced duty rates.
When importing watch movements under HS Code 91089095 into the United States, the exporting US states may include the Virgin Islands.
HS Code 91089095 classifies and identifies watch movements, complete and assembled, not electrically operated or automatic winding, measuring over 33.8 mm, over 17 jewels. Importers and exporters of these watch movements should be aware of the associated duty rates and special tariff preference programs available to determine the most advantageous trade conditions.