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  3. /Wood & furniture

MVE by industry

MVE for the wood and furniture industry

Wood and furniture imports involve forest raw materials, finished furniture and furniture components with valuations that include supplied designs, phytosanitary treatment costs and special finishes. The MVE requires precise declaration of these elements. Camtom automates MVE generation for importers in this sector.

MVE challenges in your industry

1

Declaring furniture designs and specifications provided to the manufacturer as additions

2

Including phytosanitary treatment costs (ISPM-15) as part of the value

3

Valuing wood with prices that vary by species, grade and FSC certification

4

Handling furniture imports with designer brand royalties

5

Documenting finishing and upholstery costs performed at origin by buyer instruction

How Camtom solves it

1

Camtom quantifies provided designs and declares them as additions in the MVE

2

Classifies phytosanitary treatment costs based on their nature in the value structure

3

Records prices by species and grade to document declared value reasonableness

4

Identifies designer brand royalties as additions when they are a condition of sale

5

Includes special finishing costs as part of the transaction value

Common products and tariff codes

Sawn wood4407.11
Plywood boards4412.31
Wooden furniture9403.50
Upholstered furniture9401.61
Wood flooring4418.75
Doors and windows4418.20
MDF and particleboard4411.12

Frequent additions to value

  • Furniture designs and specifications
  • Designer brand royalties
  • Fabrics and materials provided for upholstery
  • Special finishes by instruction

Most common valuation method

Transaction value (Art. 64 LA) — Method 1

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Frequently asked questions