Analysis
HTS 9103.10.40 covers having no jewels or only one jewel in the movement under heading 9103 (clocks with watch movements, excluding clocks of heading 9104).
The general rate is 24¢ each + 4.5% on the case + 3.5% on the battery, a specific or compound duty rather than a simple percentage, so the effective burden depends on the unit value of the goods: cheap goods pay proportionally more than expensive ones. Importers usually convert it to an ad valorem equivalent to compare it with other lines.
Goods that qualify under GSP, the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, and 12 others can enter duty-free instead of paying 24¢ each + 4.5% on the case + 3.5% on the battery. It is also eligible under GSP, the developing-country programme, which Congress has to renew; check whether GSP is in force on the entry date.
The other lines in the same group are 9103.10.20 (with opto-electronic display only, 2.6% on the movement and case + 3.6% on the battery) and 9103.10.80 (other: other, 48¢ each + 4.6% on the case + 3.5% on the battery).
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 9103.10.20 | With opto-electronic display only | 2.6% on the movement and case + 3.6% on the battery |
| 9103.10.80 | Other: other | 48¢ each + 4.6% on the case + 3.5% on the battery |