77. Which of the following costs should not be added to the price actually paid or payable to determine the transaction value for an entry of luxury watches? (2024 October No.77 – Valuation, Appraisement and Duty Assessment)
A) The watch face and band pattern designed in Switzerland, which is provided free of
B) The royalty fees related to the luxury watches which the U.S. buyer is required to pay
C) The cost of several milling machines provided free of charge by the U.S.
D) The shipping costs paid by the U.S. buyer to import the luxury watches.
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The Answer is: D
Citation: 19 CFR 152.103(b)(1); 19 CFR 152.102(a); 19 CFR 152.103(d)
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