Question: We are setting up distribution into Canada and are planning the process for returns from Canada back to the US into an FTZ. Since we are shipping to a related party subsidiary in Canada, do we need to use the transfer price on the returns invoice? Or will the value be the price […]
Question: We wanted to get your thoughts on the differences in terms of duty savings between having a bona fide buying agent and implementing a First Sale program. In both instances, you’re paying duty subject only towards the manufacturer’s invoice. If our vendor database qualifies under the requirements of being bona fide buying […]
Question: How does the membership deal with imports containing one or more conditionally ‘free’ items while the remaining items were paid for. For example: a purchase of three LCD monitors at $200 each entities the buyer / importer a fourth LCD monitor at no charge. Must a value for the fourth item be determined […]
Question: I have sets that would qualify under GRI 3(b). However, these sets are imported at no charge (however value claimed at time of import) and are not for retail sale. The sets are given away at trade shows. Therefore these no charge, no retail sets, at time of import the components […]
Question: If there is no transaction value, on a shipment between unrelated parties, is there any legal standing to skip down to deductive or computed value or must one go directly to the next valuation method (value of identical or similar) first ? ***************
QUESTION: I have a question regarding how to declare the Proceeds of Subsequent Resale. The example provided for in the regs under 19 CFR 152.103 (G) does not clearly define the type of transaction which I am thinking would also constitute a Proceeds of Subsequent Resale. The example provided in the regs, […]
QUESTION: Occasionally we export used parts (mostly automotive related) for evaluation or testing purposes. What value should be used on the Invoice and for AES? Is there a guideline or regulation that says it has to be a certain % of the original/new value? Or does it need to be the fair market […]
QUESTION: I’ve received a commercial invoice that include state taxes for California. We are purchasing from a company in Michigan, but the product is shipping from Finland. Is this state tax dutiable? ***************
QUESTION: We have a distributor that is constantly asking my company to ship direct to their end user. In this scenario, our shipment leaves from Malaysia and ships direct to their customer in Mexico where their customer takes possession of the goods for import and acts as IOR. The problem is, the value […]
QUESTION: Scenario: US parent company purchases hardware and/or software in the U.S. to be used in its foreign subsidiary offices for normal business purposes (not manufacturing of items). How would the hardware/software be valued for export purposes? Does it depend on if the parent company will be selling to the subsidiary? Can it […]
Question: I am looking to get some advice from other members on the issue of entered value. U.S. and Canadian customs allow importers to deduct the freight and insurance values from the customs entered value based on the “price actually paid” interpretation. WCO valuation rules also state that freight and insurance can […]
Question: We are sourcing a product from a related company in Country X for $100/case. Country X has an FTA with China. The FTA specific certificate of origin has a field for the invoice value. We are told the invoice value must be shown as $100/case since this is the export sales value. We […]
