When it comes to assembling a clock movement, having a suitable plate or set of plates is essential. These plates not only provide a stable base for the movement but also play a vital role in the overall functionality and aesthetics of the clock. In this article, we will explore the HS code 91144040 in detail and uncover everything you need to know about clock movement plates.
The HS code 91144040 is an internationally recognized code used to classify and categorize specific goods for import and export purposes. In the case of clock movement plates, this HS code is specifically assigned to any plate or set of plates that are suitable for assembling a clock movement.
It's important to note that HS codes are standardized across different countries and are crucial for international trade. They help customs authorities identify and classify goods, determine applicable duties and taxes, and monitor trade statistics.
The product description associated with HS code 91144040 is "Any plate, or set of plates, suitable for assembling thereon a clock movement." This description indicates the broad range of plates covered by this HS code, as long as they are designed for use in clock movements.
Clock movement plates are typically made from various materials such as brass, steel, or even plastic. They are precision-engineered to accommodate the necessary components of a clock movement, including the gears, escapement, and pendulum. The design and dimensions of the plates may vary depending on the specific type of clock movement and style of the clock.
The bound / MFN (Most Favored Nation) duty rate for HS code 91144040 is 10 cents each. The MFN principle 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 duty rate applies to each plate or set of plates imported under this HS code.
It's worth noting that duty rates may vary between different countries and can be subject to trade agreements, exemptions, or preferences. Importers should consult with customs authorities or trade experts to ensure accurate and up-to-date information on duty rates applicable to their specific situation.
The quantity unit associated with HS code 91144040 is "number" (NO). This means that the quantity of clock movement plates is measured and declared in the number of individual plates or sets of plates being imported or exported.
When importing or exporting clock movement plates, it's important to accurately declare the quantity to comply with customs regulations and facilitate trade transactions.
Several special tariff preference programs are available for clock movement plates under HS code 91144040. These programs provide various benefits, including duty-free treatment, to eligible importers. The specific programs applicable to clock movement plates include:
Importers should familiarize themselves with these programs and determine their eligibility to take advantage of the available benefits. This can help reduce costs and enhance competitiveness in the global clock movement market.
HS code 91144040 applies to clock movement plates imported and exported by various US states. The specific importing and exporting states may vary depending on market demand, manufacturing capabilities, and trade relationships. Some of the notable clock movement plate importing states in the US include:
These states often have a significant demand for clock movement plates due to their thriving clock manufacturing industries or large consumer markets.
On the other hand, clock movement plates are exported from various US states to meet the global demand for quality clock components. Some of the leading clock movement plate exporting states in the US include:
These states are known for their clock manufacturing expertise and export capabilities, contributing to the global supply chain of clock movement plates.
HS code 91144040 covers a wide range of clock movement plates suitable for assembling clock movements. Understanding this HS code is crucial for importers and exporters in the clock industry to ensure compliance with customs regulations, determine applicable duty rates, and leverage special tariff preference programs. By familiarizing themselves with the intricacies of HS code 91144040, businesses can optimize their import and export operations and enhance their competitiveness in the global clock market.