Owners and charter firms buy large sailing yachts for luxury cruising.
HSN code 89032300 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Sailboats, other than inflatable, with or without auxiliary motor, of a length exceeding 24 m, sailing superyachts.
Delivered afloat with class, flag and survey documents under yacht sale agreements. Vessels are sold under a bill of sale with builder certificate, class society certificates (IRS, LR, DNV, ABS) or CE category, flag-state registration and deletion certificate, survey reports and export clearance; delivery is afloat, by heavy-lift transport or in containers for small craft, with engines and equipment listed on the invoice.
Related HSN Codes (Heading 8903)
- 8903pleasure or sports; rowing boats and canoesFree
- 89031100Inflatable (including rigid hull inflatable) boats: - - Fitted or designed to be fitted with aFree
- 89031200Inflatable (including rigid hullFree
- 89031900Inflatable (including rigid hullFree
- 89032100Sailboats, other than inflatable, with or without auxiliary motorFree
- 89032200Sailboats, other than inflatable, with or without auxiliary motorFree
Frequently Asked Questions
No. HSN 89032300 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
They are sailing superyachts over 24 m.
HSN 89032300 falls under Chapter 89 and Heading 8903 of India's customs tariff schedule.
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