Analysis
HTS 9113.20.40 covers valued over $5 per dozen under heading 9113 (watch straps, watch bands and watch bracelets, and parts thereof).
Goods that qualify under the Australia FTA, the Bahrain FTA, the Chile FTA, the Colombia TPA, AGOA, and 12 others can enter duty-free instead of paying 11.2%. 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 general duty rate is 11.2% of the customs value, which is among the highest the rates in chapter 91 (96th percentile of 48 lines with an ad valorem rate). On a shipment valued at $10,000 that is $1,120 in duty before any Chapter 99 additions or preference claims.
Within this group the rate runs from 8.8% to 11.2%. Compared with 9113.20.90 (parts: other), which pays 8.8%, a misclassification either way moves the duty by 2.4 percentage points.
The column 2 rate, for countries without normal trade relations, is 110%, 9.8 times the general rate.
The other lines in the same group are 9113.20.20 (valued not over $5 per dozen, 11.2%), 9113.20.60 (of watch bracelets, valued not over $12 per dozen, 8.8%) and 9113.20.90 (parts: other, 8.8%).
Neighbouring lines
| Line | Description | General rate |
|---|---|---|
| 9113.20.20 | Valued not over $5 per dozen | 11.2% |
| 9113.20.60 | Of watch bracelets, valued not over $12 per dozen | 8.8% |
| 9113.20.90 | Parts: other | 8.8% |