QUESTION: Currently our Canadian company is sourcing goods from China and re-selling to our US Company. Transfer pricing case is in place due to related party transaction. We paid duty on the highest price of goods when sending product to the U.S. My questions: If our Canadian company imports directly to the US as an […]
QUESTION: I am trying to determine the best method for determining the value of a repair part. The part in question is produced at our facility in the USA and shipped to the UK. Once the product lifespan is used, it’s returned to the USA for repair. The repaired part is then shipped back to […]
QUESTION: Our company will be purchasing sheet sets consisting of a flat sheet, a fitted sheet and 2 pillowcases of at least 55% cotton. These will not be packaged for retail sale at the time of import. There are multiple rulings in CROSS that show that the sheets should be classified separately as 6302.31.9020 and […]
QUESTION: Is there a problem with changing the Transfer Price of a product to account for unforeseen the Section 301 duty? The transfer prices have already been set and include an amount for duty. The current transfer price, inclusive of previous duty amount, results in leaving an agreed amount of profit at our related party […]
QUESTION: Can the membership help explain how sets are valued for customs purposes. Example: 1) We are importing Bed Sheet sets. Each set contains 2 pillow cases, 1 Flat sheet, 1 Fitted Sheet. Each component has its own tariff code and must be declared separately on the entry. We receive a commercial invoice where the Bed […]
QUESTION: We are in the process of returning a raw material that we imported about a year ago to the supplier due to quality issue. Supplier mentioned that it will be scrap/disposed thereafter. In such scenario, As import duty are payable at destination. How do we value this batch of defective raw material, would it […]
QUESTION: I recently learned that the price that is on the system generated invoices for international plant to plant stock transfer orders is the actual costs, and does not include any mark up for profit. Normally, I would expect a mark-up for profit to be required for these transactions. Does the fact that the Mexican […]
QUESTION: FTR Title 15 Part 30.29(a) states: “The return of goods not licensed by a US Government agency and not subject to the ITAR, temporarily imported for repair and alteration, and declared as such on importation shall have Schedule B number 9801.10.0000. The value shall only include parts and labor. The value of the original […]
QUESTION: Hello. Many of our products need to have testing done overseas by independent labs. While we are familiar with assists and list them on the commercial invoice, this truthfully was not done in the past for lab testing and I am just thinking of this now. Do we need to list as an assist independent […]
QUESTION: We buy ExW from our China factory. They include crating charges on the commercial invoices to us which are then included in the customs value of the goods– so we’re paying duty on them. I know that the valuation rules, 19CFR152.103 (b)(1)(i), specify that you must add the packing cost when calculating the dutiable […]
QUESTION: Can we report zero dollars for export value on commercial invoice? Sales wants to provide free of charge for the product shipped. Product will be used overseas for testing and coming back to US. Given item will be exported and shipped back, can the HTS# be 9801.10.0000? ========== Answers: No, everything has a value […]
QUESTION: We import product from our parent company in Japan and it is very normal for them to price items with an “all in one” price. They price multiple items on an invoice under a single line and they are not a kit and should be entered separately under their own HTS, but then we […]
