Golden Arm Ltd., of Indonesia, is a manufacturer of wooden boxes. Sometimes Golden Arm sells these items to importers in the U.S., and at other times exports them to the U.S. on a consignment basis. The instant shipment of 200 units is consigned to Harry’s Retail Hobby Shop in San Diego, CA. Although Harry’s will likely retain a 30% commission on whatever price it can sell the boxes for, Golden Arm has provided an estimated value of US$20 each. Customs has now questioned the value via a CF28, Request for Information, and you, as Harry’s agent, have obtained the following information from both Golden Arm and Harry’s: Harry’s Hobby Shop – All 200 units have been promptly sold as follows: Qty Per Unit Sales Price (US$) 100 35 60 30 40 28 Golden Arm Ltd. – Record of arms-length, ex-factory sales of identical wooden boxes to other U.S. retailers at, or about the same time as, the instant shipment: Qty Per Unit Sales Price (US$) 100 36 200 34 1000 20 1000 20 200 30 400 28 1000 20 Based upon the above responses to the Request for Information, at which ONE of the following total values will the instant shipment be appraised?
A) US $4000
B) US $6000
C) US $6200
D) US $6400
E) US $6420
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The Answer is: B
Citation: 19 CFR 152.104(a),(d)
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