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