Author Avatar

Taxes and Duties for NCM 8903.10.00

Author Avatar

In this article you find import duties and taxes for "SHIPS, BOATS AND FLOATING STRUCTURES" categories under the Mercosul Common Nomenclature 8903.10.00.

Brazilian Product Code and Classification

Brazil use a system called "Mercosur Common Nomenclature" known as NCM to classify import duty and taxation on products imported to the country. NCM 8903.10.00 are related to the "Harmonized Commodity Description and Coding System" known as HS as following:



Unique Digits


Shared Digits

NCM code hat we are covering here have the following hierarchic position:

    • Yachts and other vessels for pleasure or sport; rowing boats and canoes:
      • Inflatable

Brazilian Import Duty and Taxes

We update import duties and taxes every weekday from the Brazilian Ministry of Development, Industry, and Foreign Trade.

The last update of import taxes was done February 9, 2014. Current data in this database was published by the Brazilian Ministry of Development, Industry, and Foreign Trade on January 30, 2014.

The ICMS rate vary depending on the destination state in Brazil of the imported product, in this case we use São Paulo state for ICMS.

For a better explanation regarding the ICMS rate Rio de Janeiro or Minas Gerais please read our corresponding articles. You can also read about the general ICMS Rates by State as well as the project of creating a single national ICMS rate.

Tax Name Rate
Import Duty 20.00 %
IPI 10.00 %
ICMS 25.00 %
PIS 1.65 %
COFINS 7.60 %

To calculate the total tax burden you cannot sum the import duty and taxes to get the added cost of importing "ships, boats and floating structures" to Brazil.

These rates are only for "ships, boats and floating structures", to find import duty and taxes for other products, please visit our Tax Index.

There are established special ICMS Exemptions for partners and suppliers of FIFA and IOC related to FIFA World Cup 2014 and Olympic Games 2016. Read more about this topic in the article "Exemptions from ICMS"

Import Duty History for NCM 8903.10.00

The Brazil Business have collected Brazilian import duty rates for NCM 8903.10.00 since September 22, 2009.

Other Ships, Boats and Floating Structures