[Code of Federal Regulations]
[Title 19, Volume 2]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR148.46]

[Page 146]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 148--PERSONAL DECLARATIONS AND EXEMPTIONS--Table of Contents
 
                 Subpart E--Exemptions for Nonresidents
 
Sec. 148.46  Sale of exempted articles.

    (a) Sale resulting in forfeiture. The following articles or their 
value (to be recovered from the importer) upon their sale, shall be 
subject to forfeiture in accordance with the provisions of Chapter 98, 
Subchapter IV, U.S. Note 1, HTSUS (19 U.S.C. 1202), unless the procedure 
set forth in paragraph (b) of this section is followed:
    (1) Any jewelry or similar articles of personal adornment having an 
aggregate value of $300 or more which have been allowed an exemption 
under Sec. 148.42, if sold within 3 years of the date of importation.
    (2) Any conveyance or its equipment allowed an exemption under 
Sec. 148.45, if sold within 1 year after the date of importation.
    (b) Procedure permitting sale. Articles described in paragraph (a) 
of this section may be sold if, prior to the time of sale, payment is 
made to a port director of the duty which would have been payable at the 
time of entry if the article had been entered without the benefit of the 
applicable exemption.
    (c) Permissible sales. A sale pursuant to a judicial order or in 
liquidation of the estate of a decedent is not a basis for any liability 
for duty or forfeiture.

[T.D. 73-27, 38 FR 2449, Jan. 26, 1973, as amended by T.D. 89-1, 53 FR 
51265, Dec. 21, 1988]