[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: 19CFR148.46]



[Page 148]

 

                        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 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]