When a foreign subsidiary (e.g.sales office) places a PO with it’s U.S. parent to manufacture and drop ship the merchandise to its foreign customer, what value is listed on the commercial invoice at export? Assume the foreign subsidiary will bill their customer direct and the parent will bill the subsidiary? In the case were there […]
How do you determine the export value for a “one of a kind” machine being exported to a subcontractor free of charge? The machine was purchased by a US company in 2000 for $400,000 and has a current book value of 0.00. The subcontractor will use the machine to inspect parts for us.
According to the regulations, AES/SED value is to include “inland freight and insurance and other charges to the U.S. port of export.” It is to exclude “freight, insurance, and any other charges …beyond the port of export.” Our insurance is warehouse to warehouse. I have no idea how to (or if we have to) split […]
