Ferretti 920 Custom Line Yacht from Canada
The Ferretti 920 is a 92-foot (28 meters) bespoke yacht with inboard/outdrive Volvo IPS engines, optimized for sports performance and pleasure sailing. Under HTS 8903.33.0020, it fits as an 'other' motorboat over 24 meters, non-inflatable, not using outboard motors.
Duty Rate — Canada → United States
11.5%
Rate breakdown
9903.03.0110%Except for products described in headings 9903.03.02–9903.03.11, articles the product of any country, as provided for in subdivision (aa) of U.S. note 2 to this subchapter
Import Tips
• Submit manufacturer's specs confirming inboard/outdrive configuration to prevent misclassification as 8903.91; ensure VAT and luxury taxes are documented for origin country
• Common pitfall: failing to declare optional equipment separately, leading to duty reassessment