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U.S. Importers Should Reevaluate - Vimarsana News

U.S. Importers Should Reevaluate

On March 1, 2021, the U.S. Court of International Trade issued a decision with important ramifications for any company that uses "first sale" to reduce customs duty liability for goods imported into the United States.

Source: mondaq.com
Legal Ruling Could Weigh on Fashion Sourcing From China and Vietnam – Sourcing Journal - Vimarsana News

Legal Ruling Could Weigh on Fashion Sourcing From China and Vietnam – Sourcing Journal

A new legal interpretation of "first sale" conditions could drastically impact the cost of importing fashion goods from China and Vietnam.

U.S. Importers Should Reevaluate "First Sale" Customs Programs | Kelley Drye & Warren LLP - Vimarsana News

U.S. Importers Should Reevaluate "First Sale" Customs Programs | Kelley Drye & Warren LLP

On March 1, 2021, the U.S. Court of International Trade (CIT) issued a decision with important ramifications for any company that uses “first sale” to reduce customs duty liability for...