Valuation

  Question: Could someone please confirm if commission is or is not dutiable when importing into Guatemala if it is not in the value of the goods? *********

  QUESTION:   Does anyone in the membership have a valuation presentation for a finance department intended to providing awareness of the various valuation methods and the differences between tax and customs “arms length” methodology? ***************

  QUESTION:   We are an oilfield services company moving drilling and downhole measuring equipment via intercompany (non-sale) transactions.  In most cases an intra- company holding company leases subject equipment to our field offices for work in various countries.     Customs in most countries (including the US) allow us to make entry net book (depreciated) […]

  Question:   Facts:  U.S. parent company (which is the importer of record) pays the insurance premium covering its Mexican manufacturing plant’s facility. Mexican company does not reimburse the cost.   Question:  I am trying to decide whether to include some or all of the insurance premium cost as part of computed value.  I have […]

  Should this have been a real emergency you would be toast.   files/Answer%20Database%20Attachments/US_Customs_Valuation1.pdf

  Question: I am wondering how other companies deal with kits that comprise of bunch of spare parts sold as one part number. There is no essential character for these spare parts. They will be purchased and shipped without repackaging. It’s usually very difficult to have the vendors provide the breakdown with pricing for each […]

  Question: We have a very detailed 13 page Buying Agent’s Agreement that outlines details between non-exclusive Buying Agent “A” and our company. Few key points from Buying Agent’s Agreement pertinent to my point: 1)Agent agrees not to act as a seller or seller’s agent in any transaction involving our company. 2)Agent agrees not to […]

  Question: 19 CFR 152.101(c) is an “importer’s option” under the Valuation of Merchandise.  Is it required to use an importer’s option when using computed value and request the use of computed value? I’ve already requested administrative advice and have obtained an information letter from the Valuations and Special Programs Branch. The written letter, as […]

  QUESTION:   There is a program calls “QA” and not sure any membership use this to import their products. As I know, this QA transaction work as the following:   There are 3 parties involved, the importer, vendor, and a non-relate inspection company.   The importer will bring in goods base on a FOB […]

  Question: Most countries using transaction value use also CIF for customs valuation. In the US does someone have a good practice where the freight forwarder provides the freight cost to the broker to calculate the CIF value for duty calculation? *********

  Question:   My company has an approved related party transfer pricing methodology in place with US and CA tax authorities in the form of an Advance Pricing Agreement.    For those members who have APAs in place, I’d like to know if, and under what circumstances, they let US Customs know of their APA’s existence.   […]

  Question: We are working through freight deductions on CIF orders.  I have received actual freight bills from our suppliers giving me the backup so I can make the proper freight deduction from the value reported to US Customs.   However, the freight bills are listing some additional fees.  Standard fees for transportation, but not directly […]