HS Code 91143040: Dials for Watches and Clocks
Dials for watches and clocks are an essential component in the timekeeping industry. These small, intricate pieces play a crucial role in displaying the time accurately. HS Code 91143040 specifically covers dials for watches and clocks that do not exceed 50 mm in width.
When importing or exporting goods, it is important to be familiar with the Harmonized System (HS) codes. HS codes are a standardized system used globally to classify and identify products for customs purposes. This helps ensure smooth international trade and enables accurate tariff calculations.
The HS Code 91143040 is specifically assigned to dials for watches and clocks. This code helps customs authorities classify and track these products during import and export processes. It is important for both importers and exporters to correctly identify and declare this HS code to ensure compliance with customs regulations.
The bound or most-favored-nation (MFN) duty rate for dials under HS Code 91143040 is 0.4 cents each plus 7.2%. This means that a certain amount per unit is charged as a duty for importing these dials. Additionally, 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.
The quantity unit for dials under HS Code 91143040 is measured in numbers (NO). This means that the quantity of dials imported or exported is counted individually, rather than by weight or volume.
There are also special tariff preference programs available for dials under HS Code 91143040. These programs provide certain countries with preferential treatment, including duty-free access to the US market. The countries eligible for these programs include A+, AU, B, BH, CA, CL, D, E, IL, J, J+, JO, MA, MX, OM, P, PE, R, SG.
Some of the special tariff preference programs applicable to dials under HS Code 91143040 include:
- Least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading (duty-free treatment).
- Australia Special Rate under the Automotive Products Trade Act (APTA) (duty-free treatment).
- Bahrain Special Rate.
- NAFTA for Canada (duty-free treatment).
- Chile Special Rate.
- Africa Growth and Opportunity Act (AGOA) (duty-free treatment).
- Caribbean Basin Initiative (CBI).
- Israel Special Rate (duty-free treatment).
- Andean Trade Preference Act (ATPA).
- Andean Trade Promotion and Drug Eradication Act (ATPDEA).
- Jordan Special Rate.
- Morocco Special Rate.
- NAFTA for Mexico.
- Oman Special Rate.
- Dominican Republic-Central American Special Rate (DR-CAFTA).
- Peru Special Rate.
- Caribbean Basin Trade Partnership Act (CBTPA).
- Singapore Special Rate.
These special tariff preference programs provide benefits to certain countries, promoting trade and economic growth between the US and these nations.
HS Code 91143040 refers to dials for watches and clocks not exceeding 50 mm in width. Importers and exporters must accurately identify and declare this HS code to comply with customs regulations. The bound or MFN duty rate for these dials is 0.4 cents each plus 7.2%. Additionally, there are special tariff preference programs available that provide certain countries with duty-free access to the US market. Understanding and utilizing these programs can greatly benefit international trade in the timekeeping industry.
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