We are a manufacturing company with overseas subs. We are shifting production of some of our products to those plants. We are starting on a new project in our Penang plant. If we purchase the new tooling ( a US purchase order ) for the sub then we must claim it as a assist when […]
Concerning assist reporting, if R&D is conducted outside of the U.S., but all the R&D related costs are paid for by the parent company inside the U.S, does this constitute an assist?
Upon reviewing last year’s entries versus assists, we have found that our customs broker, who shall remain nameless, neglected to declare 3 assists as they were advised on the pre-alert. It is our policy to declare and pay duty on the total value of the assist upon the first importation. We are still importing the […]
One of our subsidiaries has entered into a joint venture with a manufacturing company in China. They will be selling machinery and tooling to the company in China and it will be used in the production of merchandise that will be imported into the U.S. by our subsidiary. Since they are selling the machinery and […]
Are assists an international requirement of valuation? (We are a global company and will want to write a global procedure and train all necessary personnel on this theory) Does one simply show a line item on the commercial invoice describing the assist and the value? Is a known good part provided to the manufacturer as […]
I was just at a seminar where we were told that “Reimbursing a foreign manufacturer for its tooling expense is not an assist. Only the cost in purchasing tools, dies and molds to be used in the production of the importer-ordered merchandise is dutiable.” Also this person stated that an assist should be declared on […]
What method should we use to valuate Engineering blue prints for assist purposes?
