The HS Code 91119070 refers to parts of watch cases that are not bezels, backs, or centers, and are not made of precious metal or metal clad with precious metal. This code is used to classify and identify these specific products for international trade purposes.
When importing or exporting goods, it is important to understand and correctly use HS codes to ensure compliance with customs regulations and to determine the applicable duty rates. The HS code 91119070 helps customs authorities and traders accurately classify and track these particular parts of watch cases.
The bound or most-favored-nation (MFN) duty rate for products classified under HS code 91119070 is 6.4%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This promotes fair and equal treatment in international trade.
The quantity unit for products classified under HS code 91119070 is number (NO), indicating that the quantity is measured in units rather than weight or volume. This unit of measurement helps in accurately determining the quantity of these parts of watch cases being imported or exported.
There are also special tariff preference programs available for products classified under HS code 91119070. These programs provide certain countries with preferential treatment, often in the form of duty-free or reduced-duty rates. Some of the special tariff preference programs applicable to HS code 91119070 include:
These special tariff preference programs allow eligible countries to import parts of watch cases classified under HS code 91119070 without paying import duties or at reduced rates, depending on the specific program and country.
It is important for importers and exporters to be aware of these special tariff preference programs and determine if their transactions qualify for duty-free or reduced-duty treatment under these programs.
When importing products classified under HS code 91119070 into the United States, it is also important to consider the exporting US states. Different states may have their own regulations or requirements for importing specific goods, including parts of watch cases. It is crucial to comply with the regulations of both the importing and exporting countries to ensure smooth and legal trade.
the HS code 91119070 is used to classify parts of watch cases that are not bezels, backs, or centers, and are not made of precious metal or metal clad with precious metal. It is important to accurately use this code for proper customs classification and determine the applicable duty rates. Additionally, special tariff preference programs may provide eligible countries with duty-free or reduced-duty treatment for imports of these parts of watch cases. Being aware of both the HS code and any applicable special tariff preference programs is crucial for successful international trade.