Valuation
First sale (valuation)
Principle allowing use of the first sale price in a chain of successive sales as basis for transaction value, potentially reducing the dutiable value.
Principle allowing use of the first sale price in a chain of successive sales as basis for transaction value, potentially reducing the dutiable value.
Principle allowing use of the first sale price in a chain of successive sales as basis for transaction value, potentially reducing the dutiable value.
Transaction Value
The price actually paid or payable for imported goods, adjusted as prescribed by the WTO Valuation Agreement. It is the primary method for determining customs value.
ValuationPrice Actually Paid or Payable
The total payment the buyer makes or will make to the seller for imported goods, constituting the basis of transaction value. Includes direct payments, indirect payments, advances, and compensations.
ValuationRelated party relationship (valuation)
Special relationship between buyer and seller that may influence price. Customs may question transaction value if it differs from arm's-length transactions.
ValuationTax Base
What is Tax Base, its role in foreign trade, and how it applies to customs operations in Mexico.