Part 14: Valuation & Appraisement of Merchandise
Videos of the Day
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16m
Using the real CBLE Example for valuation question... Calculations begin with brokerage fees totaling 4,950, followed by ocean freight costs of 4,300. Duty types such as ad valorem, specific, and compound duties are explained, with a specific duty rate of $240 based on weight. The assessment of MPF includes minimum and maximum rates, and regulations on merchandise processing fees are outlined. Customs examiners' roles in determining fees and duties are clarified, along with X factory terms and ISO codes for countries like Switzerland.
#Code of Federal Regulations (CFR) Title 19
#Part 152
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