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Valuation & Appraisement

May 2024 — Question 75

An examining officer finds merchandise during a cargo inspection that is not invoiced. There is no evidence that smuggling was intended, and the failure to invoice the merchandise is conclusively a mistake. Which of the following is true regarding the duties on the merchandise found?

CBP's cited authority

§ 19 CFR 152.3

Answer and citations as published in CBP's official answer key for the May 2024 examination.

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