2010 October No.63 – FINES PENALTIES & FORFEITURES


63 A penalty under 19 USC 1592(c) without benefit of prior disclosure may not exceed

A. The domestic value

B. 40% of the dutiable value

C. 10 times the loss of revenue

D. The entered value

E. The total loss of revenue

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The Answer is: A

Citation: 19 CFR 171, Appendix B

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