International insurance (valuation)
Insurance policy cost during international transport. A mandatory addition that must be included in the dutiable base for duty calculations.
Insurance policy cost during international transport. A mandatory addition that must be included in the dutiable base for duty calculations.
Insurance policy cost during international transport. A mandatory addition that must be included in the dutiable base for duty calculations.
Additions to Value
What is Additions to Value, its role in foreign trade, and how it applies to customs operations in Mexico.
ValuationTransaction 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.
ValuationTransport Costs in Valuation
Freight costs to move goods to the entry point. Added as additions. The cutoff is the border or entry port; costs after that point are deductible.
LogisticsInternational Cargo Insurance
A contract protecting goods owners against financial losses from damage, theft, or total loss during international transportation.