Part 29: Valuation & Appraisement of Merchandise
Valuation & Appraisement of Merchandise
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10m
This video breaks down the costs involved in manufacturing, focusing on molds and materials. It highlights the significance of computed value for importers and the need for accurate information. General expenses and profit are examined, showing their flexible management in customs evaluations. Additionally, fallback value is explained as a method for determining value when other options are unavailable, along with relaxed restrictions to aid in appraisal.
#Code of Federal Regulations (CFR) Title 19
#Part 152
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Part 30: Valuation & Appraisement of ...
Merchandise valuation requires using only US-available information, avoiding domestic selling prices or production factors for comparisons. Consumer purchasing power and market conditions influence pricing, while production costs are irrelevant for exports outside the US. Customs regulations proh...