Code of Federal Regulations · Section

§ 162.43 — Appraisement

19 C.F.R. § 162.43

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(a) Property under seizure and subject to forfeiture. Seized property shall be appraised as required by section 606, Tariff Act of 1930, as amended (19 U.S.C. 1606). The term “domestic value” as used therein shall mean the price at which such or similar property is freely offered for sale at the time and place of appraisement, in the same quantity or quantities as seized, and in the ordinary course of trade. If there is no market for the seized property at the place of appraisement, such value in the principal market nearest to the place of appraisement shall be reported.

(b) Property not under seizure. The basis for a claim for forfeiture value or for an assessment of a penalty relating to the forfeiture value of property not under seizure is the domestic value as defined in paragraph (a) of this section, except that the value shall be fixed as of the date of the violation. In the case of entered merchandise, the date of the violation shall be the date of the entry, or the date of the filing of the document, or the commission of the act forming the basis of the claim, whichever is later.

19 C.F.R. § 162.42 19 C.F.R. § 162.44

Authorizing Statute

Seizure; appraisement
19 U.S.C. § 1606
General rules for civil forfeiture proceedings
18 U.S.C. § 983
Bringing in and harboring certain aliens
8 U.S.C. § 1324
Reporting requirements for individuals
19 U.S.C. § 1459
Definitions
6 U.S.C. § 101
Seizing and detaining letters
39 U.S.C. § 604
Seizure; value $500,000 or less, prohibited merchandise, transporting conveyances
19 U.S.C. § 1607
Aiding unlawful importation
19 U.S.C. § 1595a
Disposition and release of seized property
26 U.S.C. § 5688
Forfeitures
21 U.S.C. § 881
Smuggling goods into foreign countries
18 U.S.C. § 546
Seizure; warrants and reports
19 U.S.C. § 1603
Falsity or lack of manifest; penalties
19 U.S.C. § 1584
Search of vehicles and persons
19 U.S.C. § 482
Prohibited acts A
21 U.S.C. § 960
Departmental regulations
5 U.S.C. § 301
Importation of controlled substances
21 U.S.C. § 952
Rules and forms prescribed by Secretary
19 U.S.C. § 66
Release of seized property
19 U.S.C. § 1614
Seizure; summary forfeiture and sale
19 U.S.C. § 1609
Application of the Federal Aviation Act and section 1518(d) of title 33
19 U.S.C. § 1644
Boarding vessels
19 U.S.C. § 1581
19 U.S.C. § 1461
Manifests
19 U.S.C. § 1431
Seizure; sale unlawful
19 U.S.C. § 1611
Seizure; claims; judicial condemnation
19 U.S.C. § 1608