U.S. First Sale Rule

  • DateFebruary 20, 2019
  • Time1:00 PM EST
  • Duration30 minutes
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About this Webinar

Reducing landed costs is a north star for supply chain leaders and compliance managers who face increasing budgetary constraints. With the recent imposition of tariffs on steel, aluminum and China-origin goods, there has been heightened focus on the customs process and the hidden opportunities to realize real costs savings.

In many cases, businesses import manufactured goods into the U.S. that have already gone through at least one resale, generating a markup and increasing their customs valuation. However, the First Sale rule offers importers an opportunity to apply the valuation of a product pre-resale, reducing overall duties.

Join us to learn more about the advantages and risks associated with the First Sale rule. We will outline the specific requirements, examine possible hurdles and discuss best practices.

Who Should Attend?

Importers, individuals in manager and director positions from customs compliance and logistics departments, will benefit from this session.

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Our experts

Anthony Troia : Senior Customs & Trade Advisor

As a Senior Customs & Trade Advisor, Anthony oversees U.S. import and export projects on behalf of Livingston International clients. He reviews their business models and practices to help determine areas of risk, while offering compliance, risk management, penalty mitigation, duty saving and supply-chain efficiency solutions. He has been a licensed U.S. customs broker since 1987. He is a former president of the Detroit Customs Brokers and Forwarders Association and remains active in various industry and trade associations.

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