Part 9: Valuation & Appraisement of Merchandise
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Valuation methods are essential for appraising merchandise, focusing primarily on transaction value. Key factors include the characteristics of the country and entity involved. Certain items, such as free engineering and design work, are not included in the valuation. The analysis of transaction value considers various exceptions, while payment mechanisms like contracts and letters of credit play a vital role in managing risk in international trade.
#Code of Federal Regulations (CFR) Title 19
#Part 152
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