Question: Effective Jan. 15, 2016, Article 81 of Mexican Customs Law establishes the requirement for a Mexican Importer of Record to provide documented support of the valuation of imported merchandise to the Mexican Customs Broker. One of the required documents is “contracts related to the purchase of the goods”. Can this requirement be satisfied with […]
Question: I have a question regarding entered value for “intangible items”, such as a service agreement for a product and downloadable software. Do these values need to be included into the entered value of the good? ANSWER: he question often depends on what the “intangible” item is. In your case you have a service contract […]
Question: My company ordered samples of fabric from a foreign supplier. The commercial invoice provided the value of the fabric and the entry was made on that value. During a routine audit my team compared the entered/commercial invoice value to what we actually paid the supplier. We paid $500 more than the amount […]
Question: How do you handle the following- A domestic customer is buying new equipment from a foreign supplier, but wants to run a test of our product on that equipment first, to be sure it will run acceptably. We will ship our product to the foreign equipment manufacturer. The equipment manufacturer is not charged […]
Question: Can the membership please advise if it is allowable to go back via PEA or some other means to claim first sale on product that has already cleared customs? We are in the process of having a third party complete the due diligence for first sale with one of our vendors. We anticipate having […]
Question: Can a Maquilla provide the transactional value between the US seller and their customer on a proforma invoice ? *********** Answers: Difficult because the maquiladora does not book the assist costs on its books, and the proforma invoice would have to include assists. Also the material costs and “value-added” in Mexico are usually estimated […]
Question: We import non-functional product that in most cases (some of it will actually be scrapped) will be disassembled and component parts used to manufacture finished goods that are then sold as “re-manufactured” to customers. What is the proper method of valuation for these goods? What factors must be taken into consideration? Can these goods […]
Question: When assigning HTSUS – is the packaging taken into consideration if certain products are imported ready for market? ========== Answer: If the packaging is non-reusable, the packaging assumes the HTS of the contents. Addl Answer: Refer to the General Rules of Interpretation GRI 5 GRI 5 (a) Camera cases, musical instrument cases, gun cases, […]
Question: We routinely export defective and used items for testing and evaluation purposes. There is no sale of these items and the values are only noted for Customs and AES purposes. What is the value that should be used on the Export Invoice and for reporting in AES? Is reporting 10% of the original […]
Question: Hi Membership I have two question for you regarding how best to determine the value of samples that only pass the quality attributes established by the importer and declaring the assist associated with the samples. Question 1: How should the value be determined for imported samples where the price will only be paid if […]
Question: We exported the part to overseas customer. However, the original part we sent had quality issue. So we will re-send another part free of charge to the customer since it’s our fault. Can someone advise for this situation what value we should put on the Commercial Invoice for the second time shipment? Even […]
Question: Recently my company had an Import Compliance Audit done by a third party Trade Compliance Company. In that audit, it was pointed out that we needed to document the way our related party pricing and valuation is determined, citing specific examples. From what I have gathered, for the most part we use Transaction value, […]
