Valuation, Appraisement and Duty Assessment
Customs value under 19 CFR Part 152: transaction value first, with its five additions and its exclusions, then the fallback methods in a fixed order. Valuation is 15 questions on every released exam, and practical exercises lean on it too.
Valuation, Appraisement and Duty Assessment3 min read6 sections
Expect several questions that hand you an invoice and a list of extra payments and ask for the dutiable value. The skill is sorting each payment into added, excluded or irrelevant, with the citation, and doing the arithmetic.
| Payment | Treatment | Rule |
|---|---|---|
| International freight and insurance | Excluded from the price | 152.102(f) |
| Buyer's packing costs | Added | 152.103(b)(1)(i) |
| Selling commission | Added | 152.103(b)(1)(ii) |
| Buying commission | Not added | 152.102(b) |
| Assist (tools, materials, foreign design) | Added, apportioned | 152.103(b)(1)(iii), (d)-(e) |
| Royalty required as condition of sale | Added | 152.103(b)(1)(iv), (f) |
Every note. Every question. One pass.
4 more sections of this note are part of Premium.
From about US$12.42/mo on the Until-you-pass pass (12 months)
No. 19 CFR 152.103(b)(1)(ii) adds selling commissions incurred by the buyer; a bona fide buying commission is not added.
No. The price actually paid or payable excludes charges for transportation, insurance and related services incident to the international shipment (19 CFR 152.102(f)).
| Proceeds of resale to the seller | Added | 152.103(b)(1)(v) |
| Rebate after importation | Disregarded | 152.103(a)(4) |
| Post-importation assembly or US freight | Excluded if separately identified | 152.103(i) |
| Right to reproduce in the US | Not added | 152.103(h) |
