Customs valuation: indicative minimum prices for printer toner cartridges to prevent under valuation and revenue loss. The circular instructs customs officers to use industry supported indicative minimum import prices as the bare minimum for assessing duty on laser printer toner cartridges, ink jet cartridges, and photocopier toners, noting that cartridges contain substantial electronic and mechanical components that raise value; it directs use of manufacturers' invoicing and market price data as benchmarks, requires taking higher declared prices when available, and mandates circulation of the guidance to prevent revenue loss from under valuation.
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Customs valuation: indicative minimum prices for printer toner cartridges to prevent under valuation and revenue loss.
The circular instructs customs officers to use industry supported indicative minimum import prices as the bare minimum for assessing duty on laser printer toner cartridges, ink jet cartridges, and photocopier toners, noting that cartridges contain substantial electronic and mechanical components that raise value; it directs use of manufacturers' invoicing and market price data as benchmarks, requires taking higher declared prices when available, and mandates circulation of the guidance to prevent revenue loss from under valuation.
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