On November 11, 2000, LAC Ltd., of Quebec, consigned 4000 jewelry boxes to AJ Enterprises in Boise, Idaho. AJ, in turn, sells these boxes to two retail outlets throughout the United States. LAC has previously consigned identical merchandise in similar quantities to unrelated buyers in the United States. On October 28, 2000, LAC made an unrelated sale of identical Canadian produced boxes to DC Jewelers in Indianapolis, Indiana. Based on this information, the basis of appraisement for the 4000 jewelry boxes would be?
A) Transactions Value
B) Transaction Value of Identical merchandise bases on LAC’s previously consigned merchandise
C) Transaction Value of identical merchandise, based on the sale to DC Jewelers
D) Computed Value
E) Deductive Value
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The Answer is: C
Citation: 19CFR 152.101
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