Following CBLE question is the focus of this video:
A shipment of beach towels manufactured in Izmir, Turkey is entered at $10 per unit, Delivered Duty Paid (“DDP”) Baltimore. The beach towels were delivered by truck from the plant in Izmir to Istanbul and then shipped from Istanbul to Baltimore. CBP was provided with a rated bill of lading from Istanbul to Baltimore. What is the transaction value of the merchandise based on the following information?
2,000 beach towels: $10 per unit
Inland Freight – Izmir to Istanbul: $125
Ocean Freight: $370
A. $20,000
B. $20,495
C. $19,505
D. $19,630
E. $20,370
Correct Answer: All Answers Received Credit.
#Code of Federal Regulations (CFR) Title 19
#152.102
#152.103
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