Introduction to U.S. Customs Brokerage, Part 6

Course Lessons: 6
Learner Hours: 3

This course addresses the six methods of appraisement for valuation and duty calculation.

Course Overview

This the sixth of the nine-part series of introductory courses in the practical work of U.S. customs brokerage.This course provides a basic understanding of the six methods of appraisement for valuation and duty calculation. These methods of appraisement form the basis of appraisement that the World Trade Organization created so that all importers are treated fairly. Since transaction value is the most common type of appraisement used, there is more comprehensive coverage of the allowed additions and subtractions from the price paid or payable.