A Quick Guide to Customs Valuation Methods to Determine the Value of Goods | Customs-Declarations.uk
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A Quick Guide to Customs Valuation Methods to Determine the Value of Goods | Customs-Declarations.uk
Customs valuation is the process of determining the value of goods or commodities for Government taxation purposes. The customs value serves as the foundation for the following activities: computing the customs duty, imposed as a percentage of the total worth of the products and is known as 'ad valorem' duty calculating the VAT on imported ...
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