Is embedded software included in the customs value?

It depends. If the software is necessary for the equipment to function (firmware), it is generally included. If it is application software that can be acquired separately, it may be excluded. Camtom applies WCO guidelines for each case.

Are software licenses additions?

Software licenses that are a condition of hardware sale are additions. Licenses acquired independently from the hardware are not. Camtom analyzes the commercial structure to determine applicability.

How do I value electronic components with spot pricing?

The price actually paid on the purchase date is used. Camtom records each transaction price and documents it with the purchase order and corresponding invoice.

Is the MVE different for telecom equipment imports?

The MVE is the same for all goods. However, telecom equipment often has specific additions such as protocol licenses and installation technical assistance.

Does Camtom handle semiconductor valuation under IMMEX?

Yes. Camtom generates the MVE for semiconductors under any customs regime, including IMMEX, with the correct value breakdown and considering materials supplied to the manufacturer.

Is embedded software included in the customs value?

It depends. If the software is necessary for the equipment to function (firmware), it is generally included. If it is application software that can be acquired separately, it may be excluded. Camtom applies WCO guidelines for each case.

Are software licenses additions?

Software licenses that are a condition of hardware sale are additions. Licenses acquired independently from the hardware are not. Camtom analyzes the commercial structure to determine applicability.

How do I value electronic components with spot pricing?

The price actually paid on the purchase date is used. Camtom records each transaction price and documents it with the purchase order and corresponding invoice.

Is the MVE different for telecom equipment imports?

The MVE is the same for all goods. However, telecom equipment often has specific additions such as protocol licenses and installation technical assistance.

Does Camtom handle semiconductor valuation under IMMEX?

Yes. Camtom generates the MVE for semiconductors under any customs regime, including IMMEX, with the correct value breakdown and considering materials supplied to the manufacturer.

MVE by industry

MVE for the electronics and technology industry

Electronics imports include royalties for embedded software, intellectual property licenses and design technical assistance that complicate customs valuation. The MVE for this industry requires distinguishing between hardware and software value, and correctly declaring technology-related additions. Camtom resolves these complexities automatically.

MVE challenges in your industry

Separating embedded software value from hardware for customs valuation purposes

Declaring intellectual property royalties as additions when they are a condition of sale

Valuing prototypes and engineering samples that have no established market price

Handling electronic component imports with prices that change weekly due to supply and demand

Documenting design technical assistance (engineering, blueprints, specifications) provided to the manufacturer

How Camtom solves it

Camtom applies WCO criteria to separate software from hardware and determines what is part of the customs value

Identifies technology royalties that are additions and excludes them when they are not a condition of sale

Calculates prototype values using secondary valuation methods when there is no transaction value

Maintains a historical price record to detect atypical fluctuations and document variations

Quantifies provided technical assistance and prorates it correctly in the MVE

Common products and tariff codes

Semiconductors8542.31

Computers and laptops8471.30

Cell phones8517.13

Electronic components8534.00

Servers and network equipment8471.50

Displays and screens8528.52

IoT devices8543.70

Frequent additions to value

Embedded software royalties
Intellectual property licenses
Design and engineering technical assistance
Blueprints and specifications provided

Most common valuation method

Transaction value (Art. 64 LA) — Method 1, with software separation

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Frequently asked questions