What value do you declare for customs?
What value do you declare for customs? The value you declare for personal shipments should be the cost at which you purchased the item; for customs declarations in the case of retail shipments, the value should be the price at which you intend to sell the item. Customs use this value to clear your shipment and determine taxes and duties.
What is the penalty for lying on a customs form?
18 U.S. Code § 542 - Entry of goods by means of false statements. Shall be fined for each offense under this title or imprisoned not more than two years, or both. Nothing in this section shall be construed to relieve imported merchandise from forfeiture under other provisions of law.
Should I declare everything at customs?
Merchandise is declared to CBP. If you do not declare something that should have been declared, you risk forfeiting the item. If in doubt, declare it. You are returning from an overseas stay of at least 48 hours.