A U.S. importer purchased vacuum pumps from a manufacturer located in Parma, Italy. He paid $37,980 ex-factory. Inland freight from Parma to the port of Genoa, Italy cost $375. The price does not include U.S. duty (2.5 percent ad valorem for the vacuum pumps), MPF (.3464 percent), and HMF (.125 percent). What is the entered value?
A. 37605
B. 37980
C. 38355
D. 39109
E. 39484
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The Answer is: B
Citation: 19 CFR 152.103
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