Topics / Valuation: transaction value
Two transaction values for identical merchandise are found. The merchandise is appraised on the basis of:
- The lower of the two values
- The higher of the two values
- The average of the two values
- The most recent of the two values
Show the answer
A. The lower of the two values
Where two or more values are determined, appraisement is on the lower or lowest.
Source: 19 CFR 152.104(d)
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