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International trade has become increasingly complex, with tariffs and customs regulations creating an additional layer of cost and administrative burden for importers. However, there is a little-known rule that can help importers save on costs – the First Sale rule. In this blog, we will explore how importers can achieve cost savings through the First […]
Importing goods can be a costly affair, with a range of expenses to consider, including transportation, customs duties, and taxes. However, there is a lesser-known strategy that importers can use to reduce their costs significantly: the First Sale rule.The First Sale rule allows importers to base their customs value on the price paid by the […]