Part 12: Duty Drawback
Duty Drawback
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19m
Transaction value assessment for import merchandise is crucial. It defines the price actually paid or payable, excluding transportation costs. Regulatory definitions clarify transaction value and merchandise processing. Non-duty charges are explained, with a focus on fee assessments. A methodology for calculating merchandise processing fees is provided, emphasizing invoice values and documentation. The maximum claimable fee is determined, ensuring compliance, and calculations are verified against past exam questions.
#Code of Federal Regulations (CFR) Title 19
#Part 190
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Part 13: Duty Drawback
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Part 14: Duty Drawback
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Part 15: Duty Drawback
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