CBP Requesting Valuation Information from Produce Importers

It has come to our attention this week that US Customs and Border Protection has been sending letters requesting information from buyers and sellers of produce pertaining to the valuation of their goods.  The structure of the transaction (ie: party relationship, consignment) has been a key focus of the letters.  Please consult CBP’s Valuation Manual and contact the US Transition Team if you have questions or concerns about your valuation practices.