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Changes Needed in U.S. Valuation System for Imported Merchandise

GGD-79-29 Published: Mar 23, 1979. Publicly Released: Mar 23, 1979.
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Highlights

Over the years, various changes have occurred in the U. S. valuation system, which is the process of determining a unit value for imported merchandise so that duties can be collected. The nine standards currently being used are confusing to importers and administratively expensive for the Customs Service.

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Foreign trade agreementsImport regulationInternational tradeTariffsMotor vehiclesTrade agreementsLitigationCompensationOversight committeesTaxes