2018 October No.64 – Value


64. A U.S. importer purchased automobile tires from a manufacturer located in Seoul, South Korea. The importer paid $47,780 ex-factory. The price does not include U.S. duty (2.5 % ad valorem for the tires), MPF (.3464%), HMF (.125%), and inland freight from Seoul to the Port of Busan, South Korea ($3,075). What is the entered value?

A. $ 43,285

B. $ 44,705

C. $ 46,360

D. $ 47,780

E. $ 50,855

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The Answer is: D

Citation: 19 CFR 152.103(a)

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