HS Code for Watch Movements ≤ 33.8mm, 17+ Jewels

Introduction to Watch Movements and HS Codes

In the intricate world of horology, watch movements are the beating heart of timepieces, especially when it comes to compact watches with luxury movements featuring 17+ jewels. These miniature marvels of engineering are not only crucial for the functioning of watches but also play a significant role in international trade. To facilitate this trade and ensure proper customs procedures, the Harmonized System (HS) codes come into play. Today, we'll delve into the specific HS code for watch movements that are 33.8mm or smaller in diameter and contain 17 or more jewels.

Understanding HS Codes

Before we dive into the specific code for our watch movements, let's briefly recap what HS codes are and why they're important:

The Harmonized Commodity Description and Coding System, commonly known as the Harmonized System or HS, is an internationally standardized system of names and numbers for classifying traded products. It's used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics.

HS Code for Watch Movements ≤ 33.8mm, 17+ Jewels

The specific HS code for watch movements that are 33.8mm or smaller in diameter and contain 17 or more jewels is:

9108.11

This code breaks down as follows:

• 91: Chapter for Clocks and watches and parts thereof
• 08: Heading for Watch movements, complete and assembled
• 11: Subheading for Electrically operated, with mechanical display only or with a device to which a mechanical display can be incorporated, measuring 33.8mm or less, with 17 jewels or more

Importance of Correct HS Code Classification

Correctly classifying watch movements under the appropriate HS code is crucial for several reasons:

1. Duty Rates: Different HS codes may be subject to different import duties, affecting the final cost of the product.
2. Trade Statistics: Accurate classification helps in maintaining reliable international trade statistics.
3. Compliance: Proper classification ensures compliance with trade regulations and agreements.
4. Smooth Customs Clearance: Correct HS codes facilitate faster and smoother customs clearance processes.

Compact Watches and Luxury Movements

The HS code 9108.11 specifically pertains to compact watches with luxury movements containing 17+ jewels. These movements are often found in high-end timepieces, where precision and craftsmanship are paramount. The inclusion of 17 or more jewels in such a small diameter (≤ 33.8mm) is a testament to the intricacy and quality of these movements.

The Role of Jewels in Watch Movements

Jewels in watch movements serve a crucial function. Typically made of synthetic ruby or sapphire, these jewels act as bearings, reducing friction between metal components and enhancing the accuracy and longevity of the movement. The presence of 17 or more jewels in a compact movement signifies a high-quality, precision timepiece.

Implications for International Trade

For businesses involved in the import or export of luxury watches or watch movements, understanding and correctly using the HS code 9108.11 is essential. It ensures that these high-value items are properly declared, appropriately taxed, and efficiently processed through customs.

FreightAmigo's Role in Simplifying Logistics for Watch Importers and Exporters

At FreightAmigo, we understand the complexities involved in shipping high-value items like luxury watch movements. Our digital logistics platform is designed to simplify the process for businesses dealing with these intricate components. Here's how we can assist:

1. Customs Documentation: We help ensure that all necessary customs documentation, including the correct HS code, is accurately prepared and submitted.
2. Shipment Tracking: Our advanced tracking system allows you to monitor your valuable watch movements at every step of their journey.
3. Insurance Options: We offer comprehensive insurance solutions to protect your high-value shipments.
4. Expert Support: Our team of logistics experts is available 24/7 to assist with any queries or issues related to shipping watch movements.
5. Competitive Rates: We provide access to competitive shipping rates from a network of reliable carriers experienced in handling luxury goods.

Conclusion

Understanding and correctly using the HS code 9108.11 for watch movements ≤ 33.8mm with 17+ jewels is crucial for smooth international trade in the luxury watch industry. As the world of compact watches and luxury movements continues to evolve, staying informed about these classifications becomes increasingly important.

At FreightAmigo, we're committed to supporting businesses in navigating the complexities of international logistics. Whether you're importing or exporting these precision timepieces, our digital platform and expert team are here to ensure your shipments move smoothly across borders. For a hassle-free logistics experience in the world of luxury watches, consider partnering with FreightAmigo – your digital logistics solution.

References

1. "Jewelry HS Code", FreightAmigo, https://www.freightamigo.com/shipping-tips/jewelry-hs-code/