# 19 C.F.R. § 162.43 (2026): Appraisement

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_43

## Section

- **Citation:** 19 C.F.R. § 162.43 (2026)
- **Heading:** Appraisement
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 19 CFR: Customs Duties / Chapter I: U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY › DEPARTMENT OF THE TREASURY / Part 162: INSPECTION, SEARCH, AND SEIZURE / Subpart E: Treatment of Seized Merchandise / § 162.43: § 162.43   Appraisement.

## Text

(a)
Property under seizure and subject to forfeiture.
Seized property shall be appraised as required by section 606, Tariff Act of 1930, as amended (19 U.S.C. 1606). The term “domestic value” as used therein shall mean the price at which such or similar property is freely offered for sale at the time and place of appraisement, in the same quantity or quantities as seized, and in the ordinary course of trade. If there is no market for the seized property at the place of appraisement, such value in the principal market nearest to the place of appraisement shall be reported.
(b)
Property not under seizure.
The basis for a claim for forfeiture value or for an assessment of a penalty relating to the forfeiture value of property not under seizure is the domestic value as defined in paragraph (a) of this section, except that the value shall be fixed as of the date of the violation. In the case of entered merchandise, the date of the violation shall be the date of the entry, or the date of the filing of the document, or the commission of the act forming the basis of the claim, whichever is later.
[T.D. 72-211, 37 FR 16488, Aug. 15, 1972, as amended by T.D. 79-160, 44 FR 31957, June 4, 1979; T.D. 85-123, 50 FR 29956, July 23, 1985]

## Nearby sections

- [19 C.F.R. § 162.42 (2026) § 162.42   Proceedings by libel.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_42.md)
- [19 C.F.R. § 162.43 (2026) § 162.43   Appraisement.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_43.md)
- [19 C.F.R. § 162.44 (2026) § 162.44   Release on payment of appraised value.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_44.md)
- [19 C.F.R. § 162.45 (2026) § 162.45   Summary forfeiture: Property other than Schedule I and Schedule II controlled substances. Notice of seizure and sale.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_45.md)
- [19 C.F.R. § 162.45a (2026) § 162.45a   Summary forfeiture of Schedule I and Schedule II controlled substances.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_45a.md)
- [19 C.F.R. § 162.46 (2026) § 162.46   Summary forfeiture: Disposition of goods.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_46.md)
- [19 C.F.R. § 162.47 (2026) § 162.47   Claim for property subject to summary forfeiture.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_47.md)
- [19 C.F.R. § 162.48 (2026) § 162.48   Disposition of perishable and other seized property.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_48.md)
- [19 C.F.R. § 162.49 (2026) § 162.49   Forfeiture by court decree.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_49.md)
- [19 C.F.R. § 162.50 (2026) § 162.50   Forfeiture by court decree: Disposition.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_50.md)
- [19 C.F.R. § 162.51 (2026) § 162.51   Disposition of proceeds of sale of property seized and forfeited other than under 19 U.S.C. 1592.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_51.md)
- [19 C.F.R. § 162.52 (2026) § 162.52   Disposition of proceeds of sale of property seized and forfeited under 19 U.S.C. 1592.](https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_52.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T19_P162_S162_43. Check the current official text before relying on it. Not legal advice.