Question: I’m stumped on this one and hoping the membership can provide some guidance.We are importing items that have associated royalties. The twist is that theamount will vary depending on whether we sell to an external customer, aninternal customer or as an upgrade to a customer. At the time of importationwe have no idea when […]
Question:Does anyone in the membership use consignment inventory? For countries that do not offer reconciliation, how do you ensure the value declared matches the value actually paid at time of consumption of the goods, if the value changes after importation under non DDP terms? I’m particularly interested in how this would be treated in China, […]
Question:We’re having a difference of opinions on entered value and how to present it to Customs. If my invoice terms are CIF but all the lines are broken out and a FOB value is clearly stated on the invoice is the broker required to begin with the CIF value and work backwards, or can he […]
Question:I am interested in knowing what methods of appraisement are being used for U.S. imports from IMMEX companies. In my experience, I have always seen computed value used as the method for appraisement. Is anyone using a valuation method other than computed value?
Question: Our suppliers are including desiccant bags (to control moisture) in ourinbound containers. They are adding a separate line on the commercial invoicefor the cost of the bags. Since this is packaging, we will be adding the costof these to make market value on the entry (+MMV). I am not sure if we needto declared […]
Question:I have got myself confused about how to value the output of a lot of research and development work. This applies to EU imports, but most probably a similar situation will occur in the USA so all responses are welcome. A made up scenario is below to help explain: An overseas company spends $2 million […]
Question: We are going to have import shipment direct ship from Mauritius to USA.I am not an expert in this area. The merchandise is textile apparel. I would like to know “Does the material cost must include the cost oftransport the material to Mauritius or any other designated countries insub- Saharan Africa?”
Question:I am wondering if anyone ever came across any guidelines from CBP on how to correctly allocate charges / value between multiple entry line items when NDC are deducted from C&F, CIF etc. The allocation can be done by weight or by value, and as a result, entry values per line item will be different. […]
Question:Finance uses a fixed formula to calculate the Transfer price used for related party transactions (transaction value is used for import transactions). In the US, some of these related party transactions are subject to ADD. We recently discovered that Finance had to make retroactive Transfer pricing adjustments. We requested our ITRAC/FOIA data and plan to […]
Question:When Equipment such as computers and equipment has been fully depreciated off the books and the company wants to redeploy them to a different site for use. How do people in this membership come up with an acceptable value for customs purposes? And can the Customs value be different than the Tax Value since the […]
Question:I would like the memberships input on how to handle the following situation. We import fabric/leather to be used on our Customers seats. Our customer purchases the material directly from a manufacturer (international) who then ships it to us here in the states. As the PO is between 2 other parties, we have no visibility […]
Question:I am wondering if the First Sale value is accepted for importations into Mexico. Also, I heard in the U.S. importers choosing to use the first sale appraisement can go 1.5 years back to reclaim the overpaid duties. If that is correct, what is the right way to go about that? Recon?
