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Questions and Answers
What is the net value for LVS shipments?
What is the net value for LVS shipments?
- The current market price of the commodities to the same type of purchaser in the United States
- The value of containers in which the commodity is being exported
- The total value of the containers and their contents shown on Shipper's Export Declarations under one Schedule B Number
- The actual selling price of the commodities included in the same order and controlled under the same entry on the CCL, less shipping charges (correct)
Can the value of containers be excluded when determining the actual selling price or the current market price of the commodity for LVS purposes?
Can the value of containers be excluded when determining the actual selling price or the current market price of the commodity for LVS purposes?
- Yes (correct)
- No
- It depends on the type of commodity being exported
- It depends on the country of destination
Can the value of any content that would not, if shipped separately, be subject to licensing, be subtracted from the net value for LVS purposes?
Can the value of any content that would not, if shipped separately, be subject to licensing, be subtracted from the net value for LVS purposes?
- It depends on the country of destination
- It depends on the type of commodity being exported
- Yes
- No (correct)
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?
Is the net value for LVS shipments the same as the value of the containers and their contents?
Is the net value for LVS shipments the same as the value of the containers and their contents?
What is the net value for LVS shipments?
What is the net value for LVS shipments?
What is excluded in determining the actual selling price or the current market price of the commodity for LVS purposes?
What is excluded in determining the actual selling price or the current market price of the commodity for LVS purposes?
Can the net value for LVS purposes be reduced by subtracting the value of any content that would not, if shipped separately, be subject to licensing?
Can the net value for LVS purposes be reduced by subtracting the value of any content that would not, if shipped separately, be subject to licensing?
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?
Is the value of containers included in the net value for LVS purposes?
Is the value of containers included in the net value for LVS purposes?
The net value for LVS shipments is determined by subtracting the shipping charges from the selling price of the commodities
The net value for LVS shipments is determined by subtracting the shipping charges from the selling price of the commodities
The net value for LVS shipments is always calculated based on the current market price of the commodities in the United States
The net value for LVS shipments is always calculated based on the current market price of the commodities in the United States
The value of containers in which the commodity is being exported must always be included in the net value calculation for LVS shipments
The value of containers in which the commodity is being exported must always be included in the net value calculation for LVS shipments
The net value for LVS purposes is the value of the controlled commodity being exported, even if it includes content that would not be subject to licensing if shipped separately
The net value for LVS purposes is the value of the controlled commodity being exported, even if it includes content that would not be subject to licensing if shipped separately
If the total value of containers and their contents must be shown on Shipper's Export Declarations under one Schedule B Number, the exporter must indicate the net value of the contained commodity immediately below the description of the commodity
If the total value of containers and their contents must be shown on Shipper's Export Declarations under one Schedule B Number, the exporter must indicate the net value of the contained commodity immediately below the description of the commodity
