2016 April No.37 – Valuation


The foreign commercial invoice before you shows a value of $7200 with an addition of $800 for “distributor fee”, or a total invoice value of $8000. The nature of the fee charged by the seller was to compensate the exclusive U. S. distributor who, by agreement with the foreign seller, receives 10% of all sales in the U. S. as a commission. They receive this regardless of whether or not they actually make the sale. What is the $800?

a) Not part of Transaction Value

b) A buying commission to be added to the price actually paid or payable

c) A buying commission; part of the price actually paid or payable

d) A selling commission to be added to the price actually paid or payable

e) A selling commission; part of the price actually paid or payable

[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]

The Answer is: D & E

Citation: 19CFR152.103(b)(ii)

[/bg_collapse]



Subscribe
Notify of