FCA enforcement hits companies for misstating customs values, often triggering...

https://www.last-bookmarks.win/fca-clauses-can-trigger-serious-customs-enforcement-when-import-values-are-2

FCA enforcement hits companies for misstating customs values, often triggering hefty penalties ranging from 10% to 20% of the dutiable value. From my years at CBP, I’ve seen settlements top $5 million when under-invoicing went unchecked