Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 91149015: Assemblies and Subassemblies for Watch Movements

The HS Code 91149015 refers to assemblies and subassemblies for watch movements consisting of two or more pieces or parts fastened or joined inseparably together. This code is used to classify these specific products for import and export purposes.

When it comes to international trade, countries often impose trade barriers or tariffs on certain goods or services. However, under the Most Favored Nation (MFN) principle, if 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 bound or MFN duty rate for HS Code 91149015 is 7.2%, which means that this is the maximum rate that can be applied to this product.

It is worth noting that the quantity unit for HS Code 91149015 is specified as "no units collected." This indicates that the quantity of the product is not measured or collected in a specific unit of measurement.

There are also special tariff preference programs available for imports of products classified under HS Code 91149015. These programs offer preferential treatment in terms of duty rates for specific countries. The following countries are eligible for duty-free treatment under these programs:

• A+ (least-developed beneficiary developing countries eligible for the Generalized System of Preferences)
• AU (Australia)
• BH (Bahrain)
• CA (Canada under NAFTA)
• CL (Chile)
• D (Africa Growth and Opportunity Act - AGOA)
• E (Caribbean Basin Initiative - CBI)
• IL (Israel)
• J (Andean Trade Preference Act - ATPA)
• J+ (Andean Trade Promotion and Drug Eradication Act - ATPDEA)
• JO (Jordan)
• MA (Morocco)
• MX (Mexico under NAFTA)
• OM (Oman)
• P (Dominican Republic-Central American Special Rate - DR-CAFTA)
• PE (Peru)
• R (Caribbean Basin Trade Partnership Act - CBTPA)
• SG (Singapore)

These special tariff preference programs enable eligible countries to import products classified under HS Code 91149015 duty-free or at a reduced rate, promoting trade and economic cooperation between nations.

Importing and exporting of products under HS Code 91149015 can take place between various states within the United States. The specific importing and exporting states are not mentioned in the provided data.

HS Code 91149015 represents assemblies and subassemblies for watch movements. This code helps classify and track these products for import and export purposes. The bound duty rate for this code is 7.2%, and there are various special tariff preference programs that offer duty-free or reduced-rate treatment for eligible countries. The quantity unit for this code is specified as "no units collected." Overall, this HS Code plays a crucial role in international trade and promotes economic cooperation between nations.