Do I need to declare a value even if my shipment is $0.00 ?
What about charitable goods? What about samples?
Yes, you need to declare a value even if you are shipping charitable goods. Every product that you want to import has some sort of value. When you are looking at valuation of the product, number one step is to look at the transaction value. If there is no actual “transactional” value, then you look at the value of identical merchandise.
For example, if you are importing a sample of a sweater and you paid nothing for it, you would declare the amount that you would have bought that same sweater for if you were to purchase it.
One suggestion to import samples is to have your shipper create an invoice for $0.00 and notate on the actual invoice the value of the goods and notate “For U.S. Customs purposes only.”
If you have questions or need assistance with your valuation, please contact our team. Email firstname.lastname@example.org.
Watch the informational video below to further explain.
Scarbrough, headquartered in Kansas City with local presence in every major port in the world, is a complete international and domestic supply chain service provider, offering U.S., Mexico, and Canada Customs brokerage, Import & Export Transportation Solutions, Domestic brokerage and asset-based trucking, Warehouse Fulfillment services, Trade Compliance Consulting, Large Equipment and Project Cargo moves, as well as Parcel Audit Savings. Scarbrough is widely known for its trade experts, free training, personalized customer service, customized solutions, and data analytics tools. Since 1984, Scarbrough has continued to satisfy its clients by following its motto on a daily basis: “It is our job to make your job easier.” Moreover, our team of experts is available at your disposal. We offer free 20 minute consultations on any topic from supply chain optimization and duty savings opportunities to the basics, helping to guide new importers and exporters as they jump into the world of global trade. Contact us now.