QUESTION: We manufacture high pressure waterjet cutting machines. Potential customers will send us various types of material i.e. steel, plastic, granite, etc. to see how the machine will cut their material before they purchase a machine. Having material come from domestic customers is not a problem as no value is needed to return the cut […]
QUESTION: For many years I have held the belief that when using identical and similar merchandise to find a value, what you were comparing your goods to must be from the same country as yours. In other words, you cannot compare an item from England to an item from France. You must not cross […]
QUESTION: Valuation question: Is cost ever acceptable as proper valuation for goods moving between related parties? Example: I have purchased items (we don’t make them) so the cost is what we bought them for. I then export them from the USA to my related company in France. Do I have to apply further mark up/inter […]
QUESTION: Valuation question: Is cost ever acceptable as proper valuation for goods moving between related parties? Example: I have purchased items (we don’t make them) so the cost is what we bought them for. I then export them from the USA to my related company in France. Do I have to apply further mark up/inter […]
QUESTION: One of my customers import from Europe and the values on the commercial invoice are in euros; they declare the production value. They act as the IOR with a foreign base under an assigned number. The goods are not sold at the time of importation as they get sold within the following several weeks. […]
QUESTION: Seller issues a commercial invoice to the buyer which contains a separate line for “plywood pallet fees” totaling $500. These fees are for the costs of the pallets themselves, not labor. The pallets are being used to transport invoiced product and they are re-usable. Considering the transaction value method, are these “plywood pallet fees” […]
QUESTION: This may be a ridiculous question but I’m looking for feedback and I want to be sure we are heading in the right direction. We are a participant of the Recon program for Valuation and have decided to apportion the total value of the assists over the first shipment. Can someone in the […]
QUESTION: How do you handle requests for USA exports to customers that require Freight Costs be added to the Commercial Invoice. Most often, they say it is an Import Customs Requirement that not only the Actual Freight Costs be mentioned but that a full calculation needs to be listed on the CI such as […]
QUESTION: Are royalty payments on purchase of goods for resale dutiable in MX. I know they are in the US and Eurozone, but not sure aboue MX. Please advise. ========== Answer: Please note that royalty payments in the US are not ALWAYS considered PAPP and therefore not always dutiable. With regard to your question, […]
QUESTION: We have a new material that will begin production soon by a foreign manufacturer. In preparation for import to the US, the manufacturer has invoiced us for “study” fees required by the FDA for 510(k) clearance. I have consulted the ICP and Valuation Encyclopedia, but am still unclear as to whether these […]
QUESTION: We are a U.S. Manufacture that offers an exchange service program for one of our parts that requires high maintenance. Our U.S program includes the service and free shipping to and from the customers facility. We are looking at possibly offering a similar Exchange Program for our customers located in Mexico. As this […]
QUESTION: I am trying to determine the correct entered value under this scenario Supplier given a Purchase Order in USD. Supplier fills order and Bills in Euros at a rate of 1.0597 (1.05697 USD = 1 EUR) Check cut in USD per the ROE on the invoice – Price Paid The ROE on the actual […]
