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  3. /Chemical & petrochemical

MVE by industry

MVE for the chemical and petrochemical industry

The chemical industry imports raw materials, intermediates and formulations with valuations that depend on purity, concentration and conditions of sale. The MVE must correctly reflect the costs of specialized containers, certificates of analysis and quality tests required by the buyer. Camtom automates these calculations for chemical importers.

MVE challenges in your industry

1

Declaring specialized containers (ISO tanks, certified drums) as additions

2

Valuing chemicals with prices indexed to international benchmarks (ICIS, Platts)

3

Including certificates of analysis and quality testing costs as part of value when they are a condition of sale

4

Handling imports of hazardous substances with additional regulated transportation costs

5

Documenting volume discounts in annual raw material supply contracts

How Camtom solves it

1

Camtom identifies which specialized containers are additions and which are part of standard packaging

2

Records reference prices and validates that the invoiced price is consistent with the benchmark

3

Classifies certification costs as additions or not based on contractual conditions

4

Includes hazardous material transportation surcharges in the customs value calculation

5

Manages volume discounts with supporting documentation for customs audits

Common products and tariff codes

Plastic resins3901.10
Solvents2902.30
Industrial acids2807.00
Pigments3206.49
Fertilizers3105.20
Industrial gases2804.29
Chemical adhesives3506.91

Frequent additions to value

  • Specialized containers (ISO tanks, IBC)
  • Required certificates of analysis
  • Hazardous material transport insurance
  • Quality testing at origin

Most common valuation method

Transaction value (Art. 64 LA) — Method 1

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Frequently asked questions