Cuban Cigar Update (#1)

Date issued: Jun. 19 1998

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TURBOFAC Commentary (375 words)

Notes:

1) This guidance interprets § 515.560(c)(3), as it existed at the relevant time. See https://www.govinfo.gov/content/pkg/CFR-2000-title31-vol2/xml/CFR-2000-title31-vol2-part515.xml.

"(c) Persons generally or specifically licensed under this part to engage in transactions in connection with travel to, from, and within Cuba may engage in the following transactions:
...
(3) Purchase in Cuba and importation into the United States of merchandise. The purchase in Cuba and importation as accompanied baggage into the United States of merchandise with a foreign market value not to exceed $100 per person, provided the merchandise is imported for personal use only. Such merchandise may not be resold. This authorization may be used only once every six consecutive months. As provided in § 515.206(a), the purchase and importation of information or informational materials are exempt from all restrictions contained in this part."

2) Compare the Second Cuban...