HS Code 91091110 - Alarm clock movements, complete and assembled
Alarm clocks have been an essential part of our lives for many years. They help us wake up on time and start our day with a fresh mind. One crucial component that makes alarm clocks function smoothly is the movement. In this article, we will explore the HS code 91091110, which represents alarm clock movements, complete and assembled, that are electrically operated and have an opto-electronic display.
The HS code 91091110 classifies alarm clock movements that are ready for use and come with an opto-electronic display. These movements are electrically operated, ensuring accurate timekeeping and reliable performance. With the opto-electronic display, users can easily read the time without any hassle.
When importing products classified under HS code 91091110, it is important to be aware of the applicable duty rates. The bound or most-favored-nation (MFN) duty rate for these alarm clock movements is 3.9% on the movement itself. Additionally, there is a 5.3% duty rate imposed on the battery used in these clock movements. It is crucial to note that duty rates may vary depending on the country of import.
Trade barriers play a significant role in international trade. However, with the implementation of special tariff preference programs, certain countries receive preferential treatment. For HS code 91091110, several special tariff preference programs apply. Importing countries such as Australia, Bahrain, Canada, Chile, Dominican Republic, Israel, Jordan, Mexico, Morocco, Oman, Peru, Singapore, and the United States provide various special rates or duty-free treatment for alarm clock movements.
The special tariff preference program called the Generalized System of Preferences (GSP) grants duty-free treatment to imports from least-developed beneficiary developing countries under the subheading. Australia offers a special rate for alarm clock movements imported under this HS code. Bahrain, under its special rate program, also provides preferential treatment for these products.
In North America, the North American Free Trade Agreement (NAFTA) benefits Canada and Mexico. Alarm clock movements imported into these countries under HS code 91091110 receive duty-free treatment. Chile has its special rate program, while the United States provides duty-free treatment under the Caribbean Basin Initiative (CBI), the African Growth and Opportunity Act (AGOA), and the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA).
Israel and Jordan offer special rates for alarm clock movements imported under this HS code. Morocco, Oman, Peru, and Singapore also have special rates applicable to these products.
When it comes to trading alarm clock movements within the United States, certain states play a significant role. One notable example is the Virgin Islands, which acts as an exporting state for these products. With its strategic location and trade connections, the Virgin Islands contributes to the supply chain and export of alarm clock movements classified under HS code 91091110.
the HS code 91091110 represents alarm clock movements that are complete and assembled, electrically operated, and equipped with an opto-electronic display. These movements are crucial components of alarm clocks, ensuring accurate timekeeping and reliable performance. Importing countries may apply different duty rates, and certain countries offer special tariff preference programs or duty-free treatment for these products. The Virgin Islands is one of the exporting states within the United States for alarm clock movements.
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