Title: Chapter 89 of the Harmonized System
1Chapter 89 of the Harmonized System
Column 1 Column 1 Column 1 Column 1 Column 2 Non-NTR Column 2 Non-NTR
8903 Yachts and other vessels for pleasure or sports row boats and canoes 30
8903.10.00 Inflatable 2.4 Free (A,E,IL,J,MX)a 0.4 (CA)
Valued over 500
15 With attached rigid hullNo
45 Other..No
60 Other..No
Other 1.5 Free (A,E,IL,J,MX) 0.3 (CA)
8903.91.00 Sailboats, with or without auxiliary motor
A, Generalized System of Preferences E, Caribbean
Basin Initiative (CBI) Preference IL, Israel Free
Trade Agreement (FTA) Preference J, Andean
Agreement Preference MX,NAFTA Canada
Preference CA, NAFTA Mexico Preference
2Seller (Exporter)
Buyer (Importer)
Contract
Seller ships goods
Seller sends documents to his bank
Importer applies for credit Credit Established
Bank informs exporter
Sellers bank pays
Exporters bank sends documents
Importers issuing" bank
Exporters Bank
Issuing bank pays
Importers bank confirms buyer has credit