Valuation, Appraisement & Duty Assessment

An importer withdrawing sugar-containing products defined in 15 CFR 2015.2(a), claiming USMCA preferential treatment, from a warehouse for consumption. What must the importer possess to claim the in-quota tariff rate?

Which of the following accurately defines "Quota priority?"

A broker filed quota warehouse withdrawal entries (entry type 32) for steel tubes subject to an absolute quota. The quota is filled and closed for 2024, reopening January 1, 2025. How must the broker handle a new shipment arriving December 14, 2024?

Under USMCA, CBP determined that importation of a series of non-commercial goods was for the purpose of evading compliance. When must the importer submit a copy of a certification of origin?

Importing blended syrups containing cane sugar from British Virgin Islands, classified 2106.90.4400. Quota is open. 50 drums, net weight 4,770 kg, raw sugar weight 4,436 kg. How much is the estimated duty?

Goods subject to different rates of duty packed together such that the quantity or value of each class cannot be readily ascertained. What rate of duty applies unless the consignee segregates?

What is the general rate of duty for barley seeds?

Which of the following is an element of computed value of imported merchandise?

Company A imported an Italian sports car in 2015 and paid all duties. In 2020, Company A leased the car to a client in China. The car did not meet contract specifications but the client continued driving. No repairs/alterations in China. Reimported to US in 2024. What statement is correct?

A US furniture company imports dressers from a New Zealand manufacturer. The US company purchases and sends designs and materials to the manufacturer. The cost of which should NOT be added as an assist?

The duty free provision for products of the United States returned after 10 years is found in _____.

If the commercial invoice is in a foreign currency, the foreign currency shall be converted to U.S. dollars using the proclaimed rate, certified rate, or rates effective on the _____.

Based upon a USDA request, CBP is investigating Valley Garlic for evasion of antidumping duties under EAPA. Another importer, The Garlic Stand, follows the case. Who is included in "parties to the investigation?"

Which part of CBP's Office of Trade is responsible for conducting the investigation of alleged evasion of antidumping duties?

When an entry is subject to antidumping and/or countervailing duties (AD/CVD), what certification is required to be submitted prior to liquidation by the importer?

A machine is imported disassembled. Tooling cost treated as an assist is paid only with the first shipment. What is the customs valuation term for allocating that assist across shipments?

An Irish manufacturer imports golf balls for free promotional distribution; there is no sale to a U.S. buyer. What value should appear on the invoice for customs purposes?

Fresh shiitake mushrooms are classified in subheading 0709.54.0000 at $7.56 per kg. Import quantity is 2,000 kg. What is the duty?

Which circumstance limits the use of transaction value as the basis of appraisement?

1,000 water bottles at $20/unit; international shipping $300; a $10,000 credit for a previous overpayment is shown; invoice total $10,300. What is transaction value?

If transaction value of similar merchandise cannot be determined, which basis of appraisement is acceptable next?

Which cost is NOT added to transaction value for imported leather bags?

ASW buys 5,000 chairs from Poland. Assists: design specifications $3,200; fabric 2,500 yards at $2/yd procurement plus $1/yd printing. Total assist = $3,200 + (2,500 × $2) + (2,500 × $1) = $10,700. Per 1,000 chairs: $10,700 ÷ 5 = $2,140. Price for 5,000 chairs is $375,000, so per 1,000 = $75,000. Dutiable value per 1,000 chairs?

Car parts are imported for testing related to a pre-production electric vehicle. When are they eligible for duty-free treatment under HTSUS 9817.85.01?

Under the U.S.–Colombia FTA, which is NOT a permissible addition to the value of originating materials?

Orange juice from Morocco: oranges from Spain (heading 0805; 25% volume / 70% value), water from France (74.75% volume / 29.5% value), calcium citrate from Morocco (0.25% volume / 0.5% value). Classified in 2009.12.2500. What are originating country, SPI, and duty?

Under USMCA, the de minimis threshold for non-originating fibers and yarns in textile goods of Chapters 61–63 is calculated as what percentage of what base?

A cylindrical can assembly classified in 8507.90 is produced in Mexico using non-originating nickel-plated steel (7212.50) from Korea that undergoes substantial transformation. What is the correct USMCA treatment?

An Enforce and Protect Act (EAPA) allegation must include all of the following EXCEPT which?

Bebe Mattresses: Italian manufacturer imports 140 toddler mattresses from China ($2,000), repackages, and ships 140 toddler ($4,200) and 80 baby crib mattresses made in Italy ($1,700) to the U.S. AD/CVD: Italy A-475-845-000 at 257.06%; China A-570-092-000 at 1731.75%; China C-570-128-000 at 97.78%. Which cash deposit formula applies?

Under USMCA, a "commercial sample of negligible value" from Canada or Mexico entering under 9811.00.60 is worth:

Under the Singapore FTA (SFTA) rules of origin, how are agricultural goods grown in Singapore from non-SFTA seeds treated?

When does an AD/CVD proceeding begin (when not self-initiated by the Department of Commerce)?

Upon conclusion of an investigation under 19 CFR 165.15, a CBP determination regarding AD/CVD evasion is based on:

Regarding consolidation of multiple AD/CVD evasion allegations — which statement is TRUE?

Reduced duty rates under tariff-rate quotas are NOT applicable to products from which country?

Which type of quota permits the importation of a limited quantity during a specified period?

For chocolate containing more than 5.5% butterfat, which country shall have access to "not less than 3,379,279 kg"?

Acme paid $7,000 for hula hoops CIF ($6,500 for toys + $500 freight/insurance). The factory charged $8,250 but offset $1,750 owed to Acme. What is the transaction value?

What is the duty rate for an aluminum product ($39,999) from the Russian Federation classified under 7606.12.3035 (no AD/CVD order)?

For customs valuation purposes, "similar merchandise" is defined as:

Which cost should NOT be added to determine the transaction value for luxury watches?

Which relationship does NOT qualify as "related persons" for customs valuation purposes?

What is the program indicator for Column 1 duty preference under the Agreement on Trade in Pharmaceutical Products?

A mold was provided free to a French manufacturer. The original cost was $180,000, and two-thirds of its useful life has been used. Freight to France was $1,600. What is the total assist value?

Commerce initiates ___ investigation for "less than fair value" sales.

Every 5 years, ___ determines if AD/CVD would continue upon revocation.

CBP investigating AD/CVD evasion. After reasonable suspicion, which action would CBP NOT take?

10,000 hats for $50,000, resale restricted to New York. $5,000 buyer promotion. Transaction value?

US company sends designs/materials to Argentine manufacturer. Which should NOT be added as assist?

MFN rate for dried paprika?

Which is NOT an acceptable basis of appraisement?

10,000 glass vases at $3.00 with 10% volume discount. 100 broken, not charged. Transaction value?

Which commission would NOT be added to transaction value?

Uninvoiced merchandise found, no smuggling. Duties?

Swedish stoves ($600, 5.7% duty) repaired in Canada ($120 each). Reimported 9802.00.40. Dutiable value/rate?

Transaction value means:

Which is FALSE about applicable duty rates?

Two methods of regional value content under USMCA?

Indian leather handbags subject to closed absolute quota. Importer action?

Under the Enforce and Protect Act (EAPA), entries subject to an allegation are those made within how long before receipt of the allegation?

In a lemon juice antidumping (AD) investigation under EAPA, which party is NOT an “interested party”?

What is an antidumping/countervailing duty (AD/CVD) suspension agreement?

Transaction value is the price actually paid or payable for the imported merchandise, plus _____.

Widgets are imported from China. Import date is March 25; entry date March 27; entry summary (ES) filing date April 3. Antidumping (AD) rates: 35% for 03/26/2022–03/25/2023; 20% for 03/26/2023 onward; 10% from 09/01/2023. Countervailing duty (CVD) rates: 10% from 01/01/2023; 0% from 03/01/2023; 5% from 04/01/2023. Which combined AD/CVD rate applies?

Cube countdown timers are valued at $5 per unit; 10,000 units; duty rate 5.3%. The lot is defective and the value is decreased by 65%. What is the duty per unit after allowance for the defective merchandise?

How many days does the importer have to respond to the Center director’s notice of a proposed rate advance?

The board game “Lords of Riverbank” retails for $80. Wholesalers receive a 70% discount off retail; retailers receive a 50% discount off retail. We Are Toys, a retailer, purchases 50 copies. What is the total transaction value?

Which regulation defines methodologies for the reasonable apportionment of the value of an assist?

Which of the following amounts would NOT be included in the transaction value of imported merchandise?

Imported furniture is sold at $121,900 CIF, which includes $22,000 for ocean freight and insurance. The buyer also pays a 5% buying commission. What is the dutiable value?

You are determining the deductive value of leather attaché cases sold between related parties. Units sold: 350 at $200 each, 400 at $180 each, and 250 at $150 each. International transport is $8,000, domestic transport $2,000, duties $4,000, and profit and general expenses are $40 per unit. What is the deductive value?

Which of the following is NOT a requirement for an assist under 19 CFR Part 152?

Which of the following is NOT a “related person” relationship for valuation purposes under 19 CFR Part 152?

A foreign shipper first sold merchandise at $100 per unit, then increased the price to $110. The goods were exported after the price increase, but the invoice still shows $100 per unit. At what value should the merchandise be appraised?

123 Import Company seeks valuation guidance. Which contract would the broker advise cannot use transaction value?

Which of the following is NOT an acceptable basis for appraisement?

Importer purchased construction cranes unassembled. Post-importation assembly by supplier's employees included in purchase price and separately identified. Assembly charge is reasonable. Transaction value is proper method. Which statement is correct?

Importer purchased used sewing machines for $3,000 from unrelated party and supplies free of charge to foreign manufacturer. Actual market value is $4,500. Cost to ship to manufacturer: $500. What is the value of the assist?

Powdered milk from New Zealand. Ship departed Auckland June 1, 2022, arrived Oakland July 1, 2022. Invoice: 98,532.84 NZD. Daily exchange rate: June 1 = 0.6471, July 1 = 0.6187. Shipment: 14,000 kg. Classified 0402.91.7000 / 31.3¢/kg. What is total entered value in Block 35?

What are the elements of “computed value”?

If the commercial invoice is stated in a foreign currency, conversion is made using the proclaimed or certified exchange rate effective on which date?

Chinese supplier Rose LLC sells widgets to Thorn Inc. for $100,000 FOB Chicago. Rose owes $20,000 to Flower Corp. Thorn pays $20,000 to Flower and $80,000 to Rose. International shipping is $10,000. What is the transaction value?

Which of the following is NOT an addition to the price actually paid or payable?

Exporter E offers quantity discounts on mattresses. Scenario 1: Importer X buys 120 in a single shipment (10% discount). Scenario 2: Importer Y buys 120 in a single transaction at a 10% discount but imports in 4 separate shipments of 30 each. How is customs value determined?

Foreign invoice shows $7,200 plus an $800 “distributor fee” for a total of $8,000. The fee compensates an exclusive U.S. distributor who receives 10% of all sales regardless of involvement in the sale. How is the $800 treated?

Which statement about customs valuation is FALSE?

Beach towels from Turkey at $10/unit DDP Baltimore. 2,000 towels. Inland freight Izmir–Istanbul $125. Ocean freight $370. Bill of lading Istanbul–Baltimore provided. What is transaction value? (CREDIT TO ALL EXAMINEES)

Toys for All imports toys from several countries. Which of the following would NOT be considered part of transaction value?

Which is NOT an acceptable basis of appraisement?

A U.S. fashion designer contracts an overseas factory. The designer purchases materials, provides designs, and the factory invoices for labor only. What must be added to transaction value?

A foreign subsidiary sells ore to its U.S. parent at the New York Mercantile Exchange price on the date of arrival. Which is TRUE?

Company A imported a mold from Italy ($2,000), sold it to Company B after five years. Company B exported it to Canada (rental, 2.5 years), returned in the same condition. Which is CORRECT?

A German chemical producer sells to a related U.S. party at a 30% discount versus unrelated parties. The related party resells in the U.S. No explanation for the discount. Which statement is CORRECT?

A U.S. buyer provides certain items free of charge for imported bathroom cabinets. Which cost is NOT included in transaction value?

Which cost should NOT be added to determine transaction value for imported plush toys?

Auto Parts USA (Michigan) is a subsidiary of Auto Parts International (Germany). Brake pads are $10 each. The parties showed the relationship did not influence price by demonstrating 6% profit on sales and 6.3% firm-wide profit. On what basis was this shown?

A U.S. business contracts a Korean manufacturer for 100 electric motors at $10 per motor. It also contracts a New York design company for schematics at $5,000. Motors are exported Korea→China, incorporated in vacuum cleaners invoiced at $100 each, and shipped to the U.S. with a $10,000 invoice for the vacuums. What is transaction value?

A foreign seller’s invoice shows $7,200 for merchandise plus $800 described as a “distributor fee,” paid because the seller compensates the exclusive U.S. distributor with 10% of all sales. The $800 is: A) Not part of transaction value B) A buying commission to be added C) A buying commission included in proceeds (PAPP) D) A selling commission to be added E) A selling commission included in proceeds (PAPP). (Select all that apply per exam key: D and E.)

Which of the following is NOT an element of the computed value of Costa Rican apparel imported into the United States? A) Profit and general expenses equal to those realized on all apparel sales in the United States B) Cost or value of materials, fabrication, and other processing C) Packing costs D) Value of an assist E) Profit and general expenses equal to those realized on exports of apparel of the same class or kind from Costa Rica

An importer enters gas turbines from China. The importer pays a royalty to Company A for the manufacturer M to use patented technology in production, and a royalty to Company B for post-importation manufacturing use in the United States. Neither royalty is mentioned in the contract between M and the importer. What is the dutiable status? A) A dutiable; B not dutiable B) Both dutiable C) Neither dutiable D) A not dutiable; B dutiable E) None of the above

An importer received women’s shirts that were 98% cotton instead of 100% and were the wrong size. They were entered under 6206.30.30 and duty was paid. The buyer rejected them. The importer sold them at a 10% discount to a discount store and requests a full duty refund. To what is the importer entitled? A) No refund B) Full refund (not what was paid for) C) Full refund (worthless) D) Partial refund — appraised in the condition as imported with allowance for damage E) No refund — no allowance for ad valorem duties

ACME purchases 100 machines from Japan on FOB terms. Which charge is NOT included in dutiable value? A) Transport within Japan B) Design plans and technical know-how supplied by a U.S. sister company C) Bonus for on-time delivery D) Customer-paid modifications E) Packing and palletizing

For imported merchandise, “transaction value” means the price actually paid or payable (PAPP) plus which of the following, when applicable?

An importer buys 500 tables at $500 each in five monthly shipments of 100. The seller provides special tooling (assist) usable for the full 500-table production run. Which method of apportioning the assist to the entered merchandise is NOT acceptable?

A used aircraft engine from Canada is imported on consignment. The asking price is $90,000; the consignee will pay a 5% commission on sale; transport to the U.S. is $1,000. What is the entered value?

Evaporative air coolers with U.S. value $100,000 are exported to Taiwan for repairs costing $2,000 and are re-imported. What is the correct dutiable value and classification treatment?

A seller offers quantity discounts: 1–49 units, none; 50–99 units, 5%; 100+ units, 10%. Importer A buys 60 units in one shipment (5% discount). Importer B buys 60 units under one contract (5% discount) but in three shipments of 20. What customs value treatment applies?

1,000 batteries are sold at $0.50 each CIF. The importer provides polythene and cardboard packing materials ($40 value) free to the seller. International freight and insurance total $10. What is the customs value?