Analysis
HTS 9105.29.40 covers valued not over $5 each under heading 9105 (other clocks).
The general rate is 15¢ each + 6.4%, 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 15¢ each + 6.4%. 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 9105.29.10 (not constructed or designed to operate for over 47 hours…, 20¢ each + 4.6% on the case), 9105.29.20 (having no jewels or only one jewel, 40¢ each + 4.6% on the case), 9105.29.30 (having over one jewel, 57¢ each + 3.7¢/jewel over 7 + 4.9% on the case) and 9105.29.50 (valued over $5 each, 30¢ each + 4.3%).
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 9105.29.10 | Not constructed or designed to operate for over 47 hours without rewinding | 20¢ each + 4.6% on the case |
| 9105.29.20 | Having no jewels or only one jewel | 40¢ each + 4.6% on the case |
| 9105.29.30 | Having over one jewel | 57¢ each + 3.7¢/jewel over 7 + 4.9% on the case |
| 9105.29.50 | Valued over $5 each | 30¢ each + 4.3% |