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October 2026, question 71

Valuation, Appraisement and Duty Assessment · Valuation

Which ONE of the following amounts is included in transaction value, if it is related to the imported merchandise and required as a condition of the sale for exportation to the United States?

  1. Buying commissions
  2. Royalties
  3. U.S. inland freight
  4. Ocean freight cost
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CBP's answer: B. B: Royalties

Transaction value adds any royalty or license fee related to the imported merchandise that the buyer must pay, directly or indirectly, as a condition of the sale for exportation to the United States (152.103(b)(1)(iv)). That is B. Buying commissions are not on the list of additions (only selling commissions are), and U.S. inland freight and the international ocean freight are not part of the dutiable price.

Any royalty or license fee related to the imported merchandise that the buyer is required to pay, directly or indirectly, as a condition of the sale of the imported merchandise for exportation to the United States 19 CFR 152.103(b)(1)(iv)

Search for: Any royalty or license fee related to the imported merchandise

CBP's key cites: 19 CFR 152.103(b)(iv)

Question and key from CBP's October 2026 exam and answer key. The walk-through is ours; quotes are from the pinned editions in the reference viewer (HTSUS 2026 Basic, 19 CFR 2025 edition).