Valuation
Customs overvaluation
Declaration of value higher than actual, generally to facilitate capital flight or money laundering. Carries administrative and criminal penalties.
Declaration of value higher than actual, generally to facilitate capital flight or money laundering. Carries administrative and criminal penalties.
Declaration of value higher than actual, generally to facilitate capital flight or money laundering. Carries administrative and criminal penalties.
Overvaluation
What is Overvaluation, its role in foreign trade, and how it applies to customs operations in Mexico.
TradeCustoms Value
The monetary amount on which import duties are calculated, determined according to the WTO Valuation Agreement with transaction value as the primary method.
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.
RegulationsCustoms Infraction
What is Customs Infraction, its role in foreign trade, and how it applies to customs operations in Mexico.