HS Code 91109020: Complete Clock Movements, Unassembled or Partly Assembled (Movement Sets)
HS Code 91109020 refers to complete clock movements that are either unassembled or partly assembled, also known as movement sets. This code is used for the classification and identification of these specific products in international trade.
Bound / MFN duty rate: The bound or Most Favored Nation (MFN) duty rate is the rate applicable to the complete, assembled movement. It is important to note that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This principle ensures fair and equal treatment for all trading partners.
Quantity unit: The quantity unit for HS Code 91109020 is number (NO). This means that the quantity of these clock movements is measured in the number of units rather than weight or volume.
Special tariff preference programs: There are several special tariff preference programs available for imports of complete clock movements under HS Code 91109020. These programs provide preferential treatment in terms of duty rates based on various eligibility criteria. The following are some examples:
- A+: Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
- AU: Australia has a special rate under the Automotive Products Trade Act (APTA), which grants duty-free treatment to clock movements imported from the United States.
- B: Bahrain has a special rate that allows duty-free treatment for clock movements imported from the United States.
- BH: The United States grants duty-free treatment to clock movements imported from Bahrain.
- CA: Canada receives duty-free treatment for clock movements under the North American Free Trade Agreement (NAFTA).
- CL: Chile has a special rate that grants duty-free treatment to clock movements imported from the United States.
- D: Clock movements imported from the United States are eligible for duty-free treatment under the Africa Growth and Opportunity Act (AGOA).
- E: Clock movements imported from the United States receive duty-free treatment under the Caribbean Basin Initiative (CBI).
- IL: Israel has a special rate that grants duty-free treatment to clock movements imported from the United States.
- J: Clock movements imported from the United States receive duty-free treatment under the Andean Trade Preference Act (ATPA).
- JO: Clock movements imported from the United States are eligible for duty-free treatment under the Jordan Special Rate.
- MA: Clock movements imported from the United States receive duty-free treatment under the Morocco Special Rate.
- MX: Clock movements imported from Mexico receive duty-free treatment under NAFTA.
- OM: Clock movements imported from the United States are eligible for duty-free treatment under the Oman Special Rate.
- P: Clock movements imported from the United States receive duty-free treatment under the Dominican Republic-Central American Special Rate (DR-CAFTA).
- PE: Clock movements imported from the United States are eligible for duty-free treatment under the Peru Special Rate.
- SG: Singapore has a special rate that grants a specific duty rate for complete assembled clock movements imported from the United States.
Importing US states and Exporting US states: The HS Code 91109020 applies to clock movements imported into and exported from the United States. The specific states involved in the import and export transactions may vary depending on the trade agreements and business relationships between countries.
HS Code 91109020 is used for the classification of complete clock movements, whether unassembled or partly assembled. The bound or MFN duty rate is applicable to the complete, assembled movement. There are various special tariff preference programs available for clock movements, providing duty-free treatment based on eligibility criteria. Importing and exporting states may vary based on trade agreements and business relationships.
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