Dials for watches and clocks, exceeding 50 mm in width, fall under HS Code 91143080. This code is used to classify and identify these specific products for import and export purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 91143080 refers to dials used in watches and clocks that exceed a width of 50 mm. Dials are essential components of timekeeping devices and are responsible for displaying the time, often with numerals or markers. These dials can be made from various materials such as metal, ceramics, or glass and are designed to fit specific watch or clock models.
These larger dials are commonly used in oversized or statement timepieces, which have gained popularity in recent years. They are favored by individuals who appreciate bold and unique designs or those who require better visibility of the time due to visual impairments.
The bound or most-favored-nation (MFN) duty rate for HS Code 91143080 is 4.4%. This rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of customs duties.
Importers of dials for watches and clocks exceeding 50 mm in width will need to consider this duty rate when calculating the cost of their imports. It is essential to factor in the additional costs associated with customs duties to determine the overall profitability of the trade.
The quantity unit for HS Code 91143080 is the number (NO). This means that the quantity of dials for watches and clocks is measured and reported in individual pieces or units. Importers and exporters will need to specify the exact number of dials being traded to comply with customs regulations and accurately assess the value of their shipments.
Several special tariff preference programs are available for dials falling under HS Code 91143080. These programs provide specific benefits and exemptions to eligible countries or regions, reducing or eliminating the customs duties associated with importing these products.
The following countries or regions have special tariff rates for dials:
These special tariff preference programs aim to promote trade and economic growth by providing incentives for importing countries. Importers and exporters should familiarize themselves with the specific requirements and eligibility criteria of these programs to take advantage of the duty-free treatment for dials under HS Code 91143080.
HS Code 91143080 applies to imports and exports of dials for watches and clocks exceeding 50 mm in width in the United States. Importers and exporters in the US should ensure compliance with customs regulations and tariff rates when trading these products.
The specific importing and exporting US states for dials falling under HS Code 91143080 may vary depending on trade agreements, market demand, and supply chains. It is essential for businesses to research and identify potential trading partners and markets within the US to maximize their opportunities and optimize their supply chains.
HS Code 91143080 classifies dials for watches and clocks exceeding 50 mm in width. Importers and exporters of these products should consider the duty rates, quantity unit, and special tariff preference programs applicable to this HS code. By understanding the details of this code, businesses can navigate the international trade landscape more effectively and capitalize on the opportunities available for this specific product category.