{"id":136,"date":"2022-01-13T03:07:41","date_gmt":"2022-01-13T03:07:41","guid":{"rendered":"https:\/\/demo.cmssuperheroes.com\/themeforest\/primous\/?p=136"},"modified":"2022-12-02T19:40:32","modified_gmt":"2022-12-02T19:40:32","slug":"changes-to-our-trade-credit-policy-and-procedures-of-company","status":"publish","type":"post","link":"https:\/\/bluedraco.us\/es\/changes-to-our-trade-credit-policy-and-procedures-of-company\/","title":{"rendered":"Changes to our Trade Credit Policy and Procedures of Company"},"content":{"rendered":"

For importers, the First Sale Rule is one valuation strategy that can be used to lower the declared value of goods, and thus minimize the compounded impact of increased tariffs. The First Sale Rule allows importers to use the price paid in the first, or earlier sale, as the basis for customs duty to be paid. Many importers purchase at the second sale, from a middleman vendor who serves as the go-between from the manufacturer to the importer.
\nThis second sale is a marked up price. Paying duties on a lesser, first sale price, presents a tremendous savings opportunity, especially for the textiles and footwear industry, where apparel and sneakers are subject to higher duty rates.
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