Importers Achieve Savings Through the First Sale Rule!

Did you know importers can significantly reduce duties by leveraging the First Sale Rule? This regulation allows importers to declare the transaction value between the manufacturer and the middleman—not the final buyer—as the basis for calculating duties. When used correctly, it can result in major cost savings, especially for companies with global supply chains. However, compliance is key. Proper documentation, transparency in transactions, and working with a knowledgeable trade compliance advisor are essential to ensure everything stays within legal bounds.