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 Rules for the valuation of goods at customs
For importers, the process of estimating the value of a product at customs presents problems that can be just as serious as the actual duty rate charged. The WTO agreement on customs valuation aims for a fair, uniform and neutral system for the valuation of goods for customs purposes — a system that conforms to commercial realities, and which outlaws the use of arbitrary or fictitious customs values.
The agreement provides a set of valuation rules, expanding and giving greater precision to the provisions on customs valuation in the original GATT.
Role of the CD/WTO
- Analyzing the degree of Egypt's compliance in the area of customs valuation.
- Analyzing trading partners' possible violations of the customs valuation agreement.
- Creating public awareness through holding seminars on customs valuation in coordination with customs officials.
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You can access documents and links related to customs valuation through the links below: |
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