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CBP OKs Post-Importation Formula for Transaction Value of Precious Metal Bars
May 14, 2024 by Noah Garfinkel|Customs Rulings

The final price EMA Professional Services Corp. pays to its suppliers for precious metal bars after importation is determined according to "an acceptable formula" and meets the "'price actually paid or payable'" standard for purposes of the transaction value method, CBP said. EMA may report any price adjustments through the ACE Reconciliation Program, the agency said in an April 19 customs ruling.

Topics:Differential Pricing Analysis