Fair retail value and transaction value are crucial concepts in pricing, focusing on the actual price paid or payable. Key steps for calculating costs include considering invoice amounts, ocean freight, and insurance charges. It's important to distinguish between estimated and actual costs. The content also covers related persons and legal entities recognized by customs, and outlines the roles of shareholders, board of directors, and officers in corporate management.

#Code of Federal Regulations (CFR) Title 19
#Part 152