Therefore, the taxpayer was not a seller of merchandise
and could continue to use the cash method.
The line's booming popularity has expanded from its initial T-shirts and pants concept to include such diverse logo-emblazoned merchandise
as baseball caps and shoes.
It appears that the controversy over whether materials used in a service business are considered merchandise
or supplies will continue.
Under this new interpretation, most royalty or license fees paid for merchandise
that is imported and resold without further processing will be considered an element of customs value and thus subject to duty.
that the transaction value of imported merchandise
(in this case, subway cars) was based on the price of the sale from the middleman to the ultimate U.