Live stream preview
Part 3: Valuation & Appraisement of Merchandise
16m
Legal systems differ widely, with supreme authority being a key factor. Hong Kong operates as a special economic zone, influencing its legal framework. The origin of products is based on manufacturing location and significant transformation. Currency conversion for duties relies on the export date, with exchange rate fluctuations affecting final duties. Conducting transactions in US dollars reduces currency conversion risks, though different parties may still face various risks.
#Code of Federal Regulations (CFR) Title 19
#Part 152