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Is it necessary for an importer to declare the value of imported goods to customs and what evidences does he/she need to produce in support of the declaration?

Foundations of Business - Standalone book (MindTap Course List)

4th Edition

ISBN:9781285193946

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter3: Exploring Global Business

Section: Chapter Questions

Problem 4CC

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Is it necessary for an importer to declare the value of imported goods to customs and
what evidences does he/she need to produce in support of the declaration?

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