Part 19: Valuation & Appraisement of Merchandise
Valuation & Appraisement of Merchandise
•
16m
Explore various valuation strategies and methodologies for merchandise appraisal. Learn about transaction value, including components like similar merchandise value and fallback value. Discover the concept of assist, which involves tools provided by importers at reduced costs. Understand exceptions to valuation, intellectual property rights, and the distinction between production costs for related and unrelated parties. Case studies illustrate the assist exception and the documentation needed for machinery value declarations.
#Code of Federal Regulations (CFR) Title 19
#Part 152
Up Next in Valuation & Appraisement of Merchandise
-
Part 20: Valuation & Appraisement of ...
The machine costs $50,000, plus $4,500 for transportation. Transportation costs need to be accounted for, and the machine's cost should be prorated over the units produced before the first shipment. Intellectual property instruments like trademarks, copyrights, and patents are discussed, highligh...
-
Part 18: Valuation & Appraisement of ...
Methods for assigning value to intellectual property include evaluating public domain status and engineering sketch costs. Domicile and residency concepts highlight the importance of physical presence in the U.S. Customs regulations clarify asset exceptions and the valuation of intellectual work ...
-
Part 21: Valuation & Appraisement of ...
Intellectual property rights are vital in sales, especially concerning copyright and trademark ownership. Permission from rights holders is necessary before producing or importing products. Different treatments of royalties and license fees in customs can affect importation. Third-party ownership...