Customs valuation on high seas sale price permissible under GATT valuation code; state trading service charges excluded from importer expenses. The Board confirmed that adopting the sale price at high seas for customs valuation is consistent with the GATT Valuation Code and withdrew the earlier contradictory manual instruction; separately, service charges payable to a State Trading Corporation are not includible as importer expenses under Rule 5(a) of the Customs Valuation Rules.
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Customs valuation on high seas sale price permissible under GATT valuation code; state trading service charges excluded from importer expenses.
The Board confirmed that adopting the sale price at high seas for customs valuation is consistent with the GATT Valuation Code and withdrew the earlier contradictory manual instruction; separately, service charges payable to a State Trading Corporation are not includible as importer expenses under Rule 5(a) of the Customs Valuation Rules.
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