Question: Based on the information below, what can be the claimed amount for the merchandise processing fee (MPF) on destroyed merchandise? Please provide your explanation and/or
Based on the information below, what can be the claimed amount for the merchandise processing fee (MPF) on destroyed merchandise? Please provide your explanation and/or calculation. Imported merchandise: 500 bikes ($200 per unit) $100,000 500 spare parts ($175 per unit) $87,500 Invoice value $187,500 Less Non-Dutiable Charges (NDC) -$2,500 Total Entered Value $185,000 Total MPF paid $485.00 MPF rate .3464% Destroyed merchandise for drawback purposes: 200 bikes
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