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CBP Updates the Customs Valuation Encyclopedia!

Wow!  It was a summer day in June 2004 since the Customs Valuation Encyclopedia was last updated!  But here it is, spring of 2011.  Don’t wait for the salesman to knock on your door.  This is a...

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Big Change Ahead! CBP Allows Offsetting in Audits, Prior Disclosures;...

Big Changes Ahead!  Today, the Bureau of Customs and Border Protection (CBP) issued a final rule adding provisions for the use of sampling methods in CBP’s audits and prior disclosure cases.  In...

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What Do Importers Need to Know About Assists?

Image via gumboots.ca When we’re talking about assists, we’re not talking about an assist in basketball.  Rather, for importers, assists are important to understand when valuing your merchandise. As we...

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