The combining of merchandise in a shipment that makes the normal determination of duty impossible unless the importer segregates the merchandise or provides other proper evidence of the quantities of…
Trade Terms
COMMISSIONER
Commissioner of Customs. (19CFR114.1)
COMMODITY
A collection of materials or items with similar characteristics.
COMMODITY RATES
Fees applicable to a described commodity without regard to other freight classifications. Carriers typically charge commodity rates for a large movement made on a routine basis.
COMMON CARRIER
A carrier that transports goods at any time to any location for any shipper on a non-discriminatory basis.
COMPUTED VALUE
Approved additions of dutiable amounts accumulated to reach a value of merchandise for purposes of appraisement by Customs. (19CFR152.106)
CONCEALED DAMAGE
Damage to merchandise that is not discovered until the shipment is unpacked.
CONDITIONAL SALES CONTRACT
Merchandise that is sold under the condition that the title to the goods will not be transferred until full payment is received.
CONDITIONS OF CONTRACT
The terms and conditions established for a contract. These conditions are usually printed on the back of a waybill and include such items as limits of liability, claim limitation, indemnity,…
CONSIGNED STOCK
Finished goods. Inventories in the hands of agents or dealers which are still the property of the supplier.
