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Questions and Answers
What is the net value for LVS shipments?
What is the net value for LVS shipments?
- The value of containers in which the commodity is being exported
- The actual selling price of the commodities included in the order
- All of the above
- The current market price of the commodities to the same type of purchaser in the US (correct)
Can the value of containers be included in the net value for LVS purposes?
Can the value of containers be included in the net value for LVS purposes?
- Only if the value of the containers is greater than the value of the controlled commodity being exported
- Yes, always
- Only if the value of the containers is excluded (correct)
- No, never
What should the exporter indicate on the Shipper's Export Declarations when the total value of the containers and their contents must be shown under one Schedule B Number?
What should the exporter indicate on the Shipper's Export Declarations when the total value of the containers and their contents must be shown under one Schedule B Number?
- The value of the containers only
- The net value of the contained commodity (correct)
- The total value of the containers and their contents
- The value of the contents only
