The HS Code 89011000 refers to vessels that are specifically designed for the transport of persons. This includes cruise ships, excursion boats, ferry boats, and similar vessels. These vessels are used for various purposes such as tourism, transportation, and leisure activities.
When it comes to trade, the HS Code plays an important role in classifying products for customs and tariff purposes. The HS Code 89011000 helps identify and categorize vessels that are specifically designed for the transport of persons.
The bound or Most Favored Nation (MFN) duty rate for the HS Code 89011000 is free. This means that countries must eliminate or reduce tariffs on these vessels when engaging in international trade. It promotes fair and equal treatment for all trading partners.
The quantity unit for the HS Code 89011000 is "number" (NO). This unit represents the number of vessels or the quantity of vessels being imported or exported.
The HS Code 89011000 is eligible for various special tariff preference programs. These programs provide special rates or duty-free treatment for importing and exporting these vessels. Some of the programs include the Generalized System of Preferences (GSP), NAFTA for Canada and Mexico, the Caribbean Basin Initiative (CBI), and specific bilateral agreements with countries like Australia, Bahrain, Chile, Israel, Jordan, Morocco, Oman, Dominican Republic, Peru, and Singapore.
When it comes to the United States, the HS Code 89011000 is imported into Florida. It is also exported from various states including Florida, Rhode Island, and the Virgin Islands. These states play a role in the import and export of vessels designed for the transport of persons.
the HS Code 89011000 represents vessels that are specifically designed for the transport of persons. It includes cruise ships, excursion boats, ferry boats, and similar vessels. This code is important for trade classification, determining tariff rates, and accessing special tariff preference programs. The code is eligible for various programs that provide duty-free treatment or special rates for importing and exporting countries. It is also imported into and exported from different states within the United States, including Florida, Rhode Island, and the Virgin Islands.