Customs Valuation 101
Customs & International Trade Law
AUGUST 17, 2021
Customs valuation methodology (as well as a summary of relevant Customs rulings ) are described in detail in the Valuation Encyclopedia. The goal of CBP’s Revenue Program is to ensure that CBP has effective internal controls to protect the duties and taxes it collects for the U.S. Customs duties and federal taxes paid upon importation.
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