Customs valuation

Updates: Customs valuation

2025

25 June 2025

Introduction

New section added.

Method 1 - Transaction value

New section added.

Method 2 - Transaction value of identical goods

New section added.

Method 3 - Transaction value of similar goods

New section added.

Method 4 - Deductive method

New section added.

Method 5 - Computed method

New section added.

Method 6 - Fallback method

New section added.

Examples of identical goods

New section added.

Examples of similar goods

New section added.

Exchange rates

New section added.

Valuation documentation

New section added.

Customs warehousing

New section added.

Warranty, repairs and defective goods

New section added.

Retrospective price adjustments and price review clauses

New section added.

Free charge goods

New section added.

Rented or leased goods

New section added.

Second hand goods

New section added.

Valuation simplifications

New section added.

Advance valuation rulings

New section added.

Additional case studies of interest

New section added.

Incoterms

New section added.