[Federal Register: February 7, 2008 (Volume 73, Number 26)]
[Notices]
[Page 7315-7316]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr07fe08-82]
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DEPARTMENT OF HOMELAND SECURITY
Bureau of Customs and Border Protection
[USCBP-2007-0083]
Proposed Interpretation of the Expression ``Sold for Exportation
to the United States'' for Purposes of Applying the Transaction Value
Method of Valuation in a Series of Sales
AGENCY: Customs and Border Protection, Department of Homeland Security.
ACTION: Proposed interpretation; extension of comment period.
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SUMMARY: This document provides an additional 30 days for interested
parties to submit comments on Customs and Border Protection's proposed
interpretation of the phrase ``sold for exportation to the United
States'' for purposes of applying the transaction value method of
valuation in a series of sales importation scenario. The proposed
interpretation was published in the Federal Register on January 24,
2008, and the comment period was scheduled to expire on March 24, 2008.
DATES: Comments on the proposed rule must be received on or before
April 23, 2008.
ADDRESSES: You may submit comments, identified by docket number, by one
of the following methods:
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments via docket number
USCBP-2007-0083.
Mail: Trade and Commercial Regulations Branch, Office of
International Trade, Customs and Border Protection, 1300 Pennsylvania
Ave., NW., (Mint Annex), Washington, DC 20229.
Instructions: All submissions received must include the agency name
and document number for this proposed interpretive rule. All comments
received will be posted without change to http://www.regulations.gov,
including any personal information provided. For detailed instructions
on submitting comments and additional information on the rulemaking
process, see the ``Public Participation'' heading of the SUPPLEMENTARY
INFORMATION section of this document.
Docket: For access to the docket to read background documents or
comments received, go to http://www.regulations.gov. Submitted comments
may also be inspected during regular business days between the hours of
9 a.m. and 4:30 p.m. at the Trade and Commercial Regulations Branch,
Regulations and Rulings, Office of International Trade, Customs and
Border Protection, 799 9th Street, NW., 5th Floor, Washington, DC.
Arrangements to inspect submitted comments should be made in advance by
calling Mr. Joseph Clark at (202) 572-8768.
FOR FURTHER INFORMATION CONTACT: Lorrie Rodbart, Valuation and Special
Programs Branch, Regulations and Rulings, Office of International
Trade, (202) 572-8740.
SUPPLEMENTARY INFORMATION:
Public Participation
Interested persons are invited to submit written data, views, or
arguments on all aspects of the proposed interpretation. If appropriate
to a specific comment, the commenter should reference the specific
portion of the proposed interpretation, explain the reason for any
recommended change, and include data, information, or authority that
support such recommended change.
Background
Notice of Proposed Interpretation
On January 24, 2008, a notice was published in the Federal Register
(73 FR 4254) informing interested parties that Customs and Border
Protection (CBP) proposed a new interpretation of the phrase ``sold for
exportation to the United States'' for purposes of applying the
transaction value method of valuation in a series of sales importation
scenario. Under this proposal, in a transaction involving a series of
sales, the price actually paid or payable for the imported goods when
sold for exportation to the United States is the price paid in the last
sale occurring prior to the introduction of the goods into the United
States, instead of the first (or earlier) sale. As a result,
transaction value will normally be determined on the basis of the price
paid by the buyer in the United States. This proposed interpretation
reflects the conclusions of the Technical Committee on Customs
Valuation as set forth in Commentary 22.1, entitled ``Meaning of the
Expression `Sold for Export to the Country of Importation' in a Series
of Sales.''
The notice of proposed interpretation invited public comment on the
[[Page 7316]]
proposal, and requested that comments be received on or before March
24, 2008.
Extension of Comment Period
In response to the proposed interpretation, CBP has received
correspondence requesting an extension of the comment period. A
decision has been made to grant an extension of 30 days. Comments are
now due on or before April 23, 2008.
Dated: February 1, 2008.
Myles B. Harmon,
Acting Executive Director, Regulations & Rulings, Office of
International Trade.
[FR Doc. E8-2198 Filed 2-6-08; 8:45 am]
BILLING CODE 9111-14-P