Floating Oil Storage Tank from Mexico
A large cylindrical tank designed to float on water for storing crude oil or petroleum products during offshore operations. It falls under HTS 8907.90.00.60 as a floating structure classified as a tank, not a complete vessel or hull under heading 8906.
Duty Rate — Mexico → United States
10%
Rate breakdown
9903.05.5510%Except for products described in headings 9903.05.85–9903.05.92 and 9903.05.94, articles the product of Mexico, as provided for in U.S. note 52 to this subchapter
Import Tips
• Verify buoyancy certification and stability tests to confirm classification as a floating tank rather than a vessel
• Provide detailed engineering specs and intended use documentation to avoid misclassification under vessel headings
• Check for USCG approvals if used in US waters to prevent customs holds