Manufacture of watches and clocks

This class includes the manufacture of watches, clocks and timing mechanisms and parts thereof. - manufacture of watches and clocks of all kinds, including instrument panel clocks - manufacture of watch and clock cases, including cases of precious metals - manufacture of time-recording equipment and equipment for measuring, recording and otherwise displaying intervals of time with a watch or clock movement or with synchronous motor, such as: . parking meters . time clocks . time/date stamps . process timers - manuf

Name
Manufacture of watches and clocks
Sector
C - Manufacturing

Lump-sum tax

Usually eligible for lump-sum tax

Usually can use lump-sum taxation if general conditions are met: turnover up to RSD 6 million, no VAT registration, and no other restrictions.

Usually includes

  • This class includes the manufacture of watches, clocks and timing mechanisms and parts thereof.
  • manufacture of watches and clocks of all kinds, including instrument panel clocks
  • manufacture of watch and clock cases, including cases of precious metals
  • manufacture of time-recording equipment and equipment for measuring, recording and otherwise displaying intervals of time with a watch or clock movement or with synchronous motor, such as:; parking meters; time clocks; time/date stamps; process timers
  • manufacture of time switches and other releases with a watch or clock movement or with synchronous motor:; time locks
  • manufacture of components for clocks and watches:; movements of all kinds for watches and clocks; springs, jewels, dials, hands, plates, bridges and other parts; watch and clock cases and housings of all materials

Usually excludes

  • manufacture of non-metal watch bands (textile, leather, plastic), see 15.12
  • manufacture of watch bands of precious metal, see 32.12
  • manufacture of watch bands of non-precious metal, see 32.13

Source: the official APR activity classification.