Valuation: How to Determine Customs Value

This webinar will explain the WTO Agreement on Customs value and valuation methods. Attendees will learn how to use the valuation methods to determine Customs value.

Why Should You Attend:

Companies engaged in international trade must make an effort to know and comply with the trade policies that affect their global shipments. Failure to comply with trade regulations can result in supply chain interruptions due to Customs delays or violations of key trade laws. While there are several important trade regulations members of the trade community must be familiar with, Customs valuation stands out as a major trade issue. Customs declared value is a critical trade policy and Customs valuation a key activity of Customs authorities. Nevertheless, many companies involved in global trade struggle with what Customs valuation is and how it works.

This webinar will talk about what Customs declared value is and how it is used by the Customs authorities. It will will discuss the WTO Agreement on Customs valuation and review the valuation methods which must be used to determine Customs declared value. It will also look at a few examples and case studies that will illustrate the use of the Customs valuation methods and finally share a few tools and resources to help with valuation.

This webinar will address the following key topics:

• WTO Agreement on Customs value
• The six Customs valuation methods

Areas Covered in the Webinar:

• What customs value is and how it used
• Customs value and the Customs entry process
• Ad Valorem duties
• WTO Agreement on Customs Value
• Customs valuation methods
• Case studies on valuation
• Tools and resources

Who Will Benefit:

• Importers
• Exporters
• Purchasing department personnel
• Compliance officers
• Logistics/Supply chain managers and analysts
• Trade regulatory/legislative affairs professionals
• Sales/marketing personnel
• Training personnel
• Consultants
• International business operations