Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 91118000: Watch Cases, Not of Precious Metal, of Metal Clad with Precious Metal or of Base Metal

Watch cases are an essential component of watches, providing protection and aesthetic appeal. HS Code 91118000 refers to watch cases that are not made of precious metal but are either clad with precious metal or made of base metal. This code helps to categorize and regulate the import and export of these watch cases.

When importing or exporting watch cases under HS Code 91118000, it is important to understand the various duty rates and special tariff preference programs associated with this code. Let's explore these aspects in more detail.

Duty Rates

The bound or most-favored-nation (MFN) duty rate for watch cases under HS Code 91118000 is 3.6 cents each plus 7.6% of the value. This duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that all trading partners receive the same treatment for the goods or services.

Quantity Unit

The quantity unit for watch cases under HS Code 91118000 is the number (NO). This unit indicates that the quantity of watch cases is measured in the number of individual units.

Special Tariff Preference Programs

There are several special tariff preference programs available for watch cases under HS Code 91118000. These programs provide either duty-free treatment or reduced duty rates for specific countries. Let's take a look at some of these programs:

• Free (A+, AU, BH, CA, D, E, IL, J, J+, JO, MA, MX, OM, P, PE, R, SG): Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
• Australia Special Rate: Watch cases imported from Australia receive a special rate.
• Bahrain Special Rate: Watch cases imported from Bahrain receive a special rate.
• NAFTA for Canada: Watch cases imported from Canada receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Africa Growth and Opportunity Act (AGOA): Watch cases imported from eligible African countries receive duty-free treatment under AGOA.
• Caribbean Basin Initiative (CBI): Watch cases imported from eligible Caribbean countries receive duty-free treatment under CBI.
• Israel Special Rate: Watch cases imported from Israel receive a special rate.
• Andean Trade Preference Act (ATPA) and Andean Trade Promotion and Drug Eradication Act (ATPDEA): Watch cases imported from eligible Andean countries receive duty-free treatment under ATPA and ATPDEA.
• Jordan Special Rate: Watch cases imported from Jordan receive a special rate.
• Morocco Special Rate: Watch cases imported from Morocco receive a special rate.
• NAFTA for Mexico: Watch cases imported from Mexico receive duty-free treatment under NAFTA.
• Oman Special Rate: Watch cases imported from Oman receive a special rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Watch cases imported from eligible countries in the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA) receive a special rate.
• Peru Special Rate: Watch cases imported from Peru receive a special rate.
• Caribbean Basin Trade Partnership Act (CBTPA): Watch cases imported from eligible Caribbean countries receive duty-free treatment under CBTPA.
• Singapore Special Rate: Watch cases imported from Singapore receive a special rate.
• Chile Special Rate: Watch cases imported from Chile receive a special rate of 0.4? each plus 0.9%.

These special tariff preference programs aim to promote trade and economic cooperation between countries, providing benefits to both importers and exporters of watch cases under HS Code 91118000.

Understanding the HS Code 91118000 and its associated duty rates and special tariff preference programs is crucial for importers and exporters of watch cases. By complying with the regulations and utilizing the available benefits, businesses can facilitate smooth and cost-effective international trade in this sector.