MVE by industry
The aerospace industry imports high-technology components with valuations involving massive technical assistance, international certifications (FAA, EASA) and long-term contracts with price adjustments. The MVE for this industry requires precise handling of technology and certification additions. Camtom automates these complex calculations.
Declaring aeronautical engineering technical assistance provided to the manufacturer as additions
Valuing FAA/EASA certified components where certification represents a significant portion of the cost
Managing long-term contracts with price adjustment clauses that affect valuation retroactively
Including airworthiness testing and non-destructive testing costs in the transaction value
Documenting the valuation of repaired and overhauled aeronautical components upon reimportation
Camtom quantifies aeronautical technical assistance and prorates it among imported units
Integrates certification costs as part of the value when they are inherent to the certified product
Manages retroactive price adjustments and generates corresponding MVE rectifications
Includes quality testing and essays as additions when they are a condition of sale
Handles return-of-repaired-component valuations with the appropriate value differential
Most common valuation method
Transaction value (Art. 64 LA) — Method 1, with assistance proration