Home Discussion Valuation Quiz 2, Question 9

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  • Deanna Schlieve
    Participant
    Post count: 27

    This question did not providing a correct answer. Could you provide the correct answer? It’s saying that the correct answer is tied to the TV “Rebate” section. Thanks!

    9. Question 1 point
    When is renegotiation of the price disregarded in determining transaction value?

    A. when the adjustment is the result of a change in currency exchange rates
    B. when the price is adjusted upward after the date of importation
    C. when the price is adjusted downward after the date of importation
    D. when the price is adjusted upward before the date of importation
    E. when the price is adjusted downward before the date of importation

    <Correct Answer Missing>
    Explanation: 75. CFR 152.103(a)(4)

    admin
    Keymaster
    Post count: 85

    § 152.103(4) Rebate. Any rebate of, or other decrease in, the price actually paid or payable made or otherwise effected between the buyer and seller after the date of importation of the merchandise will be disregarded in determining the transaction value under § 152.103(b).

    Answer choice C would be the correct answer in terms of § 152.103(4) since a rebate would be a downward adjustment of the price, and such rebates are disregarded in determining transaction value if made after the date of importation.

    It may also be noted that § 152.103(b) refers to additions to price actually paid or payable.
    (1) The transaction value of imported merchandise is the price actually paid or payable for the merchandise when sold for exportation to the United States, plus amounts equal to:

    (v) The proceeds of any subsequent resale, disposal, or use of the imported merchandise that accrue, directly or indirectly, to the seller.

    Doug Duong
    Participant
    Post count: 5

    The question is broken. I have selected the correct answer, which is C.

    The answer is missing and is graded as incorrect.

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