2015 October No.40 – Valuation


ABC Inc., purchases 10,000 glass vases from Overseas Trading Company. The wholesale price charged by overseas trading Company is $3 per vase with the following volume discounts. What is the transaction value for the vases?  1 – 1,000 vases: full price  1,001 – 5,000 vases: 5 % discount  5,001 – 15,000 vases: 10% discount  15,001 – 25,000 vases: 15% discount

A) 30000

B) 29700

C) 27000

D) 26730

E) 26700

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The Answer is: C

Citation: 19 CFR 152.103(a)(l), 19 CFR 152.103(a)(4)

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