October 2021 — Question 59
A shipment of beach towels manufactured in Izmir, Turkey is entered at $10 per unit, Delivered Duty Paid (“DDP”) Baltimore. The beach towels were delivered by truck from the plant in Izmir to Istanbul and then shipped from Istanbul to Baltimore. CBP was provided with a rated bill of lading from Istanbul to Baltimore. What is the transaction value of the merchandise based on the following information? 2,000 beach towels $10 per unit Inland Freight – Izmir to Istanbul $125 Ocean Freight $370
- A$20,000✓ CBP's answer
- B$20,495✓ CBP's answer
- C$19,505✓ CBP's answer
- D$19,630
- E$20,370
CBP's cited authority
Answer and citations as published in CBP's official answer key for the October 2021 examination.
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