New Volvo XC60 Recharge Plug-in Hybrid from Japan
The Volvo XC60 Recharge is a new luxury plug-in hybrid crossover with a 2.0L turbocharged 4-cylinder spark-ignition engine paired with electric motors for propulsion, charged externally. Classified in HTS 8703.60.00.30 for new passenger vehicles with 1,500-3,000 cc engines having 4-6 cylinders.
Duty Rate — Japan → United States
15%
Rate breakdown
9903.94.4115%Passenger vehicles and light trucks that are products of Japan provided for in subdivision (k) of U.S. note 33 to this subchapter, with an ad valorem (or ad valorem equivalent) rate of duty under column 1 less than 15 percent as provided for in subdivision (m) of U.S. note 33 to this subchapter.
9903.03.060%Articles of iron or steel, derivative articles of iron or steel, articles of aluminum, derivative articles of aluminum, passenger vehicles (sedans, sport utility vehicles, crossover utility vehicles, minivans and cargo vans) and light trucks and parts of passenger vehicles (sedans, sport utility vehicles, crossover utility vehicles, minivans and cargo vans) and light trucks, semiconductor articles, semi-finished copper and intensive copper derivative products, wood products, or medium- and heavy-duty vehicles or medium- and heavy-duty vehicle parts, of any country, as provided in subdivision (aa)(v) of U.S. note 2 to this subchapter
Import Tips
• Submit detailed engine specs and hybrid system certification; confirm 'new' status with no prior retail sale
• Watch for undervaluation pitfalls in luxury vehicle appraisals by CBP