In relation to valuation of merchandise, what is the general definition of “Price Actually Paid or Payable?
A) Any commission paid to the seller’s agent, who is related to or controlled by, or works for or on behalf of the manufacturer or the seller.
B) Cost of all containers and coverings of whatever nature and of packing, whether for labor or materials, used in placing merchandise in condition packed ready for shipment to the United States.
C) Supplies that are directly or indirectly and free of charge or at reduced cost, provided by the buyer of imported merchandise for use in connection with the production or the sale for exported to the United States of the merchandise.
D) Total payment (whether direct or indirect, and exclusive of any charges, costs, or expenses incurred for transportation, insurance, and related services incident to the international shipment of the merchandise from the country of exportation to the place of importation in the United States) made or to be made for imported merchandise by the buyer to, or for the benefit of the seller.
E) Fees for patents covering processes to manufacture the imported merchandise.
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The Answer is: D
Citation: 19CFR152.102(f)
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