[Code of Federal Regulations]

[Title 19, Volume 2]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 19CFR148.38]



[Page 146]

 

                        TITLE 19--CUSTOMS DUTIES

 

   CHAPTER I--BUREAU OF CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF 

        HOMELAND SECURITY; DEPARTMENT OF THE TREASURY (CONTINUED)

 

PART 148_PERSONAL DECLARATIONS AND EXEMPTIONS--Table of Contents

 

              Subpart D_Exemptions for Returning Residents

 

Sec.  148.38  Sale of articles acquired abroad.



    An article brought in under the $400, $600, or $1,200 exemption for 

articles acquired abroad for personal or household use and subsequently 

sold is not dutiable or subject to forfeiture by reason of the sale if 

the returning resident actually acquired and imported the article for 

his bona fide personal or household use and not for sale.



[T.D. 73-27, 38 FR 2449, Jan. 26, 1973, as amended by T.D. 86-118, 51 FR 

22516, June 20, 1986; T.D. 97-75, 62 FR 46442, Sept. 3, 1997]