Transaction Value
The primary method for determining customs value — the price actually paid or payable for goods when sold for export to the US.
Frequently Asked Questions
What is Transaction Value?
The primary method for determining customs value — the price actually paid or payable for goods when sold for export to the US.
Why is transaction value important for US importers?
Understanding transaction value is essential for importers to correctly classify goods, calculate duties, and maintain compliance with US Customs and Border Protection (CBP) regulations.