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The customs value of a product has a direct impact on duties, taxes, and fees, so regular attention to how your company's transactions are structured and appraised is vital. While transaction value is the preferred method across most of the world, there are a number of other, often complicated means that can be used. Choosing the wrong one can result in increased duty liability and even fines and penalties for failure to exercise reasonable care. Alternatively, using favorable valuation methodologies like the first sale rule can lower costs.

Why Use ST&R’s Valuation Services

Tariff reduction: By properly valuing import transactions ST&R has helped clients lower their liability for import tariffs, including Section 301 tariffs on imports from China and Section 232 tariffs on imports of aluminum and steel products.

Cost savings: ST&R has experience in restructuring international transactions to lower dutiable value, including through the use of the first sale rule, transfer pricing adjustments, and other means.

Audits and investigations: ST&R helps companies under scrutiny from CBP to document their compliance and minimize negative consequences.

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