Topics / Valuation: transaction value
Which of the following is added to the price actually paid or payable in determining transaction value, if not already included in the price?
- Customs duties payable on the merchandise by reason of its importation
- The cost of transporting the merchandise after its importation
- Advertising undertaken by the buyer on its own account
- A selling commission incurred by the buyer with respect to the imported merchandise
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D. A selling commission incurred by the buyer with respect to the imported merchandise
The additions are the buyer's packing costs, selling commissions incurred by the buyer, the value of assists, royalties or license fees required as a condition of sale, and resale proceeds that accrue to the seller. Post-importation transportation and customs duties are excluded when separately identified, and the buyer's own-account advertising is not an indirect payment.
Source: 19 CFR 152.103(b)(1), (a)(2), (i)
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