Terms of Art

Appraised Value is the basis for calculating ad valorem duties on imported goods into the U.S. Learn how CBP determines dutiable value.

Understand 'Article' in HTSUS classification: a specific product entry or description. Crucial for accurate tariff application and compliance. Learn its significance.

Dutiable value is the monetary base upon which U.S. Customs and Border Protection assesses import duties and taxes. Understanding its calculation is crucial for compliance and avoiding penalties.

Duty-paid status means an importer has paid all estimated duties, taxes, and fees to CBP, allowing release from customs custody. Learn its significance.

The entered value is the importer's declared value for goods, forming the basis for duties. Learn how to accurately determine and declare it to CBP.

Learn what "Free of Duty" means in U.S. customs law, how to identify duty-free goods, and its implications for import costs and HTS classification.

Explore the crucial legal distinction between 'goods' and 'merchandise' in U.S. customs law, and why this difference impacts HTSUS classification and import compliance.

Understand in-bond merchandise, allowing goods to transit the U.S. without immediate duty payment. Learn the rules, types, and implications for importers and brokers.

Understand "Merchandise" in U.S. customs law. Learn how this term defines goods subject to import duties and regulations for HTS classification and compliance.

Nomenclature refers to the systematic naming and classification of goods in the HTSUS. Learn its role in accurate trade compliance and duty assessment.

Non-dutiable charges are costs included in the import transaction but excluded from the customs value for duty calculation. Learn which charges qualify and why this distinction is critical for accurate HTSUS classification.

Learn what a tariff provision is in the HTSUS, how it defines goods for customs duties, and its critical role in accurate import classification. Essential for brokers & importers.

Understand what a Tariff Item is within the HTSUS, how it affects classification and duty rates, and why precision is crucial for compliance.

Learn the legal definition of 'wares' in U.S. customs and trade law. Understand its broad application in statutes and classifications, avoiding common misinterpretations.