October 2021 Question 57 U.S. Customs Broker License Exam Discussion
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9m 23s
Following CBLE question is the focus of this video:
A foreign commercial invoice reports a value of $7,200 with an addition of $800 for “distributor fee” for a total invoice of $8,000. The fee charged by the seller compensates the exclusive U.S. distributor who, by agreement with the foreign seller, receives 10% of all sales in the U.S. as a commission. The distributor receives this regardless of whether or not they actually make the sale. The $800 would be:
A. A selling commission to be added to the price actually paid or payable
B. A selling commission; part of the price actually paid or payable
C. A buying commission to be added to the price actually paid or payable
D. A buying commission; part of the price actually paid or payable
E. Not part of the transaction value
Correct Answer: (B).
#Code of Federal Regulations (CFR) Title 19
#152.103
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