April 2024, question 77

CBP's answer: D. D: The price actually paid or payable for the merchandise plus selling commissions, royalties, assists, packing costs, and proceeds.

Transaction value is the price actually paid or payable plus packing costs, selling commissions, assists, royalties or license fees and proceeds of later resale. Choice D lists selling commissions, royalties, assists, packing costs and proceeds. Buying commissions and U.S. inland freight are not additions.

Any selling commission incurred by the buyer with respect to the imported merchandise 19 CFR 152.103(b)(1)(ii)

The value, apportioned as appropriate, of any assist 19 CFR 152.103(b)(1)(iii)

The proceeds of any subsequent resale, disposal, or use of the imported merchandise that accrue, directly or indirectly, to the seller 19 CFR 152.103(b)(1)(v)

Search for: transaction value additions to price actually paid or payable

CBP's key cites: 19 CFR 152.103(a)