Valuation
Deductive Value
Also known as: Method 4 valuation, Deduction method
The fourth customs valuation method starting from the domestic selling price in the importing country, deducting costs such as margins, transport, and duties.
Also known as: Method 4 valuation, Deduction method
The fourth customs valuation method starting from the domestic selling price in the importing country, deducting costs such as margins, transport, and duties.
Deductive value is the fourth customs valuation method that starts from the selling price of goods in the importing country's domestic market and deducts certain items to arrive at the customs value. It is used when the first three methods are not applicable.
Stay MVE compliant
Learn more→Customs Valuation
Process of determining the customs value of imported goods using the six methods of the WTO Valuation Agreement, used to calculate duties and taxes.
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.
ValuationComputed Value
The fifth WTO customs valuation method that determines customs value by adding the production costs of imported goods: materials, manufacturing, producer's profit and general expenses, plus transport and insurance costs to the point of importation.
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.