Quantities play a key role in pricing, while internal transport costs are also important. Customs officers have discretion in using test values for valuation, which serve as comparison points rather than transaction values. Related party transactions require careful analysis, and established cust...

Customs value approximation focuses on accepted variations and transaction values. Incorrect values can lead to misunderstandings. Deductive value categories include similar merchandise and specific rules. The reconciliation process helps update prices and correct overpaid duties. Proper declarat...

Banks implement security measures, such as lien on car titles, to ensure loan repayment, highlighting the difference between possession and ownership. In consignment sales, distributors keep the title while earning a commission. Appraisal methods for imported goods include transaction value and a...

Computed value consists of costs, materials, and profits, with a focus on the role of assets and packaging. Tax implications are significant, as refunded taxes are excluded to avoid double dipping. High expenses can reduce computed value, while customs strive for objectivity. Market conditions ma...

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. Ad...

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...