US Custom question

[samwoo2go]

Just wondering if theres any customs guys here or anyone that know import laws.

If I were to import cloth to sell for my business from China into the US, do I report the selling value in US or the purchased value in China to customs when declaring?

Thanks abunch

[xsb00st]

Originally Posted by samwoo2go

Just wondering if theres any customs guys here or anyone that know import laws.

If I were to import cloth to sell for my business from China into the US, do I report the selling value in US or the purchased value in China to customs when declaring?

Thanks abunch

Purchase value.

I worked at an international logistics firm my first year out of college.