- CTPAT Border Security Program
- Customs Communications, Investigations & Regulatory Audits
- Duty Drawback
- Foreign-Trade Zones & Other Duty Deferral Programs
- Free Trade Agreements & Other Preference Programs
- Import Compliance
- Product Safety
- Rules of Origin Determinations & Country of Origin Marking
- Tariff Classification
Regular attention to how your company's transactions are appraised for customs value is vital. The methods for appraisal can be complicated and a misstep can result in increased duty liability and even fines and penalties.
ST&R professionals can perform a company-wide valuation review that will suggest changes and may uncover opportunities for strategic structuring of transactions to reduce entered value. A valuation review can be done alone or as part of an import compliance assessment.
What is Customs Valuation?
All imported merchandise must be appraised for purposes of determining duty, taxes and fees. Transaction value, based on the invoiced price of merchandise sold at arm's length, is the preferred appraisement method across most of the world, followed by a list of methods that must be considered in sequential order.
Learn More About Customs Valuation
- January 14, 2020
- October 24, 2018
- July 21, 2017
- May 3, 2017