STR Webinar: Introduction to Customs Valuation
The spike in tariff rates has placed renewed focus on customs valuation. Section 232, Section 301, IEEEPA, reciprocal tariffs, fentanyl tariffs among others all have one thing in common: they are applied against the customs value declared at time of import. All imported merchandise must be appraised for purposes of determining duty, taxes, and fees as well as for purpose of gathering economic data used by world governments to compile trade statistics. Importers are required to use reasonable care in reporting the proper valuation of merchandise to Customs at the time of entry. This course provides the basics concepts and terminology of customs valuation to aid importers and brokers in meeting their reasonable care obligations and provides information useful to buyers and finance staff in understanding how careful attention to customs valuation can impact a company’s bottom line.
All attendees will receive a copy of the recording and presentation no later than 2 business days after the conclusion of the webinar.
Contact webinarorganizers@strtrade.com if you have issues registering. Please note we do not take American Express