Ferretti 920 Custom Line Yacht from Germany
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 — Germany → United States
10%
Rate breakdown
9903.05.3910%Section 301 (forced labor) — European Union member state (col1 rate < 10 percent): MFN < 10% → total duty capped at 10%
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