Module 7 : Assignment
Opened: Tuesday, 18 August 2026, 12:01 AM
Due: Sunday, 23 August 2026, 11:59 PM
F.E. Steel Pty Ltd imports six conveyors in unassembled condition. The supplier and importer are not related. The commercial invoice shows a price of US$900,000. The importer also provided:
-
free tooling worth US$60,000 supplied to the manufacturer
-
free designs worth US$8,000
-
technical assistance provided after importation, valued at US$20,000
Which of these items must be added to the price actually paid or payable to determine the customs value?
Which of these items can be excluded to the price actually paid or payable to determine the customs value?
What is the final customs value?