The Valuation Of Goods For Customs Purposes

Author : Henk Pagter
Publisher : Springer
Page : 91 pages
File Size : 54,7 Mb
Release : 2013-06-29
Category : Business & Economics
ISBN : 9789401745109

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The valuation of goods for customs purposes by Henk Pagter Pdf

This book was written in response to the coming into force on the first of January 1981 of the Customs Valuation Code of the GATT, an agreement which has been applied unilaterally by the EEC and the US since the first of July 1980. As a result of the new agreement a uniform system for the valuation of goods for customs purposes will be used for the first time in history of international trade by the most important trading nations. This can be seen as an important step in the removal of trade barriers, as the use of a uniform system enables any one occupied with international trade to foresee with reasonable accuracy the treatment he will receive in other countries. This book provides a survey of the new system, together with the application and interpretation which to our opinion may be expected on the basis of the international discussions. Some attention is paid, moreover, to the remaining systems of valuation of goods which the exporter may encounter. In writing this book we have not only had the aim of providing a source of information for exporters, but we believe it will be of use to anyone who is, or has to be, interested in the customs valuation. March 1981, the authors. V Richard van Raan, after studying civil law at the university of Leiden, specialised himself in fiscal law. Henk de Pagter studied fiscal law in Rotterdam.

Author : Anonim
Publisher : Unknown
Page : 279 pages
File Size : 46,8 Mb
Release : 1960
Category : Electronic
ISBN : OCLC:68945866

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Valeur en douane des marchandises by Anonim Pdf

Author : H.K Maingi
Publisher : Taxmann Publications Private Limited
Page : 18 pages
File Size : 42,8 Mb
Release : 2021-08-03
Category : Law
ISBN : 9789390831920

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Taxmann’s Guide to Customs Valuation – Complete & comprehensive commentary in a brief/concise/handy format, providing updated & simplified analysis to determine valuation under Customs Laws by H.K Maingi Pdf

Guide to Customs Valuation is a complete and comprehensive commentary on laws relating to valuation under Customs laws. It is a brief, concise and handy reference book, which provides the updated and simplified analysis of provisions to determine valuation under the Customs laws. This book will be helpful for Customs Consultants, Advocates, Corporate Managers & Departmental Officers. This book is divided into two parts: · Valuation of Imported Goods · Valuation of Export Goods The Present Publication is the Latest Edition, authored by H.K. Maingi, amended up to July 2021, with the following noteworthy features: · [Conceptual Understanding of Valuation] Conceptual understanding of provisions of Valuation under Section 14 of Customs Act and Customs Valuation (Determination of Value of Export Goods) Rules, 2007 · [Valuation] Valuation of Imported Goods & Exported Goods, Valuation in case of High Sea Sales & related persons, Valuation of capital goods on debonding, etc. · [Various Additions in Transaction Value] Various additions in Transaction Value such as Brokerage, Service Charge, Transportation, etc. · [Other Concepts] Concepts of related persons, under-invoicing and over-invoicing, Special Valuation Branch, etc. This edition covers everything you need to understand about the provisions of Valuation under Customs in a subtle and simplified language. The detailed coverage of the book is as follows: · Introduction · Valuation of Imported Goods o Transaction Value o Transaction Value to be Accepted in the Absence of Condition and Restriction under Rule 3(2) o Contract Prices and Transaction Value o High Sea Sales and Transaction Value o Related Persons o Transaction Value of Identical or Similar Goods and Contemporaneous Imports o Deductive Value o Computed Value o Residual Method o Reliance on Foreign Journals indicating International Prices for Determining Assessable Value o Addition to Transaction Value Royalty, Licence and Technical Know-How Fees o Other Addition to Transaction Value o Declaration by the Importer o Rejection of Declared Value o Investigation by Special Valuation Branch · Valuation of Export Goods o Export Valuation o Under-Invoicing and Over-Invoicing of Exports o Customs Valuation (Determination of Value of Export Goods) Rules, 2007 o Inclusion/Exclusion Duty Element from Cum Duty Price o Valuation of Goods Sold in DTA from EOU and Debonding of Capital Goods from EOU

Author : Sheri Rosenow,Brian J. O'Shea
Publisher : Cambridge University Press
Page : 287 pages
File Size : 53,8 Mb
Release : 2010-12-02
Category : Law
ISBN : 9781139495363

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A Handbook on the WTO Customs Valuation Agreement by Sheri Rosenow,Brian J. O'Shea Pdf

This guide to the WTO Customs Valuation Agreement is based on the authors' experiences of teaching its finer points to customs officials and policy-makers around the world. Covering the methods of valuation and the provisions on enforcement, implementation and dispute settlement, the authors give practical examples, explain interpretative decisions of national and international customs bodies, and analyse the history of its negotiation. Written as a learning tool, it helps both new and experienced policy-makers, customs officials, importers and exporters to gain a deeper understanding of the Agreement's function and aims.

Author : U. S. Customs and Border Protection
Publisher : Unknown
Page : 0 pages
File Size : 45,9 Mb
Release : 2015-10-12
Category : Education
ISBN : 1304100065

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Importing Into the United States by U. S. Customs and Border Protection Pdf

Explains process of importing goods into the U.S., including informed compliance, invoices, duty assessments, classification and value, marking requirements, etc.

Author : Customs Co-operation Council
Publisher : Unknown
Page : 0 pages
File Size : 46,7 Mb
Release : 1960
Category : Customs appraisal
ISBN : OCLC:1436004054

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Valuation of Goods for Customs Purposes Under the Brussels Definition, Convention of December 15th, 1950 by Customs Co-operation Council Pdf

Author : World Customs Organization
Publisher : World Customs Organization
Page : 50 pages
File Size : 40,9 Mb
Release : 2006
Category : Business & Economics
ISBN : 9782874920189

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Customs Valuation by World Customs Organization Pdf

Author : Anonim
Publisher : Unknown
Page : 14 pages
File Size : 54,7 Mb
Release : 1997
Category : Foreign trade regulation
ISBN : PURD:32754068488281

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Marking of Country of Origin on U.S. Imports by Anonim Pdf

Author : Anuschka Bakker,Belema Obuoforibo
Publisher : IBFD
Page : 695 pages
File Size : 48,7 Mb
Release : 2009
Category : Customs appraisal
ISBN : 9789087220594

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Transfer Pricing and Customs Valuation by Anuschka Bakker,Belema Obuoforibo Pdf

This book discusses the intricate role of transfer pricing and customs value in international business environment. It examines the relationship between valuation for transfer pricing purposes and valuation for customs, and the significance of the relationship for multinational enterprises, tax authorities and customs administrations. The book begins by reviewing relevant international standards such as the OECD Guidelines and the GATT/WTO Customs Valuation Agreement. This is followed by a discussion of related issues such as VAT and administrative matters. Country chapters provide an overview of the applicable legislation and valuation methods, and case studies allow direct comparison between the practices of the different countries. The book concludes by summarizing the existing relationship between transfer pricing valuations and customs valuations, and by suggesting possible solutions towards a more integrated approach.

Author : Mark K. Neville
Publisher : Kluwer Law International B.V.
Page : 360 pages
File Size : 41,7 Mb
Release : 2023-03-09
Category : Law
ISBN : 9789403531465

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The Customs Valuation Agreement by Mark K. Neville Pdf

Global Trade Law Series, Volume 58 Customs valuation is a key element in the corpus of international trade law. Despite the facts that the /WTO Valuation Agreement 1994 remains unchanged in all material respects and that it has been adopted by virtually every trading nation on the planet, there are fissures in the system preventing consensus on many contentious questions. This extremely knowledgeable analysis by a world-renowned specialist lawyer in the field—by concentrating on diverging views on the nature of the central feature of the Agreement, the definition of the price actually paid or payable (PAPP)—provides the most extensive study available of the origins and architecture of the Valuation Agreement and its intersection with transfer pricing norms. Among much else, the author fully explains differing views on such questions as the following: criteria governing royalties and license fees; acceptability of the First Sale for Export doctrine; role of transport charges in valuing dutiable assists; status of interest payments on deferred payments; valuation of carrier media bearing software for data processing equipment; inclusion or exclusion of transport charges in the PAPP; status of the WTO’s moratorium on electronic transmissions; status of payments of money for tools and other materials used in producing the imported goods; and status of international instruments of traffic. The author expertly assesses interpretations of the Valuation Agreement as presented in the instruments of the World Customs Organization and in the administrative and judicial fora of the United States, Canada, and the European Union. This matchless book takes a giant step toward “real-world” consensus on the daunting questions of custom valuation. Customs and international tax professionals, as well as academic scholars, will come away from its in-depth coverage with an enhanced ability to discern the logic inherent in the Valuation Agreement, a greater awareness of current trends and their origins in authoritative customs valuation bodies, and improved confidence when approaching customs valuation questions.

Author : Khalid Mekuanent Moroma
Publisher : GRIN Verlag
Page : 32 pages
File Size : 44,8 Mb
Release : 2019-12-09
Category : Business & Economics
ISBN : 9783346078896

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Challenges of the customs valuation system in Ethiopia by Khalid Mekuanent Moroma Pdf

Thesis (M.A.) from the year 2019 in the subject Business economics - Accounting and Taxes, Ethiopian Civil Service University, course: procurement and asset management, language: English, abstract: The general objective of this work is to assess the factors that affect Ethiopian importers during customs valuation. The work was conducted to assess the practices and challenges of customs valuation. In particular, the work attempted to achieve the following specific research objectives: The author seeks to explain practices of custom valuation, identify the major factors that affect importers during the procedures of customs valuation, analyse and describe challenges in customs assessment processes and discover the customs operational problems in Ethiopia, in order to identify inspection or physical examination problems during the custom valuation process while enhancing the objective of trade control. Indirect taxes contribute the significant portion of tax revenues in developing countries in general and Ethiopia in particular. Custom duties and import taxes are among the important indirect taxes levied on imported commodities in Ethiopia. Despite the fact that foreign trade taxes and duties provide significant revenues to Ethiopia, there is a serious and complex problem of invoicing of import values by importers. Duties and taxes escape the net resulting in gross economic distortions such as uneven playing field and unfair competition for legal traders. Such circumstances also result in loss of revenues to government.

Author : United States Tariff Commission,United States. Congress. Senate. Committee on Finance
Publisher : Unknown
Page : 384 pages
File Size : 52,6 Mb
Release : 1973
Category : Customs appraisal
ISBN : UIUC:30112118029500

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Customs Valuation by United States Tariff Commission,United States. Congress. Senate. Committee on Finance Pdf

Author : Juan Martin Jovanovich
Publisher : Kluwer Law International B.V.
Page : 216 pages
File Size : 52,5 Mb
Release : 2016-04-24
Category : Law
ISBN : 9789041161420

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Customs Valuation and Transfer Pricing by Juan Martin Jovanovich Pdf

Issues of transfer pricing have come to the fore in both international tax and customs regimes. In particular, the problem of how to apply the two systems of valuation to the same transaction is of widespread concern. This well-known book, now in a fully updated second edition, is a problem-solving guide for professionals charged with valuating transactions in their client’s or company’s best interests. Through detailed examination of relevant guidelines, transfer pricing methodologies, and business realities prevailing among multinational enterprises, it offers a cogent and convincing account of how tax and customs transfer pricing regimes may be harmonized. Among other essential elements, the author discusses the following in depth: – the OECD Transfer Pricing Guidelines; – the GATT/WTO Customs Valuation Code (GVC) and other valuation rules in key jurisdictions and regional agreements; – the OECD and UN model tax conventions; – the arm’s length principle; – methods, both traditional and new, of determining whether the parties’ relationship in uenced the price; and – additions to and deductions from the customs value. This second edition discusses new developments in the eld, including a chapter on Commentary 23.1 and Case Study 14.1 of the Technical Committee on Customs Valuation of the World Customs Organization (WCO) – the rst international instruments linking transfer pricing and customs valuation. The book concludes with an analysis of the circumstances and conditions under which the introduction of transfer pricing year-end adjustments to transaction value would be consistent with Article 1 of the GVC. The book will continue to provide practitioners, customs administrations, and academics with a highly practical analysis of the intersection of transfer pricing and customs valuation. It will be welcomed by customs administrations charged with examining the acceptability of a transaction value xed between related parties and by multinational companies as a truly actionable tool they can use to optimize decision-making as it relates to transfer pricing and customs valuation in a “real world” setting.

Author : International Monetary,International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 24 pages
File Size : 42,5 Mb
Release : 2021-07-19
Category : Business & Economics
ISBN : 9781513587141

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Iraq—Technical Assistance Report-Customs Valuation, Rules of Origin and Tariff Classification of Goods by International Monetary,International Monetary Fund. Fiscal Affairs Dept. Pdf

This report summarizes key findings and recommendations from a remote technical assistance (TA) assignment performed by a short-term expert (STX), Mr. Djamel Bouhabel, from January 17 to February 4, 2021, to the General Customs Authority of Iraq (GCA). The main objective of the TA was to advise GCA on the development and effective application of customs assessment processes based on international standards and best practices.

Author : U.S. Customs Service
Publisher : The Minerva Group, Inc.
Page : 134 pages
File Size : 55,6 Mb
Release : 2002-06
Category : Business & Economics
ISBN : 0894990772

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Importing Into the United States by U.S. Customs Service Pdf

This publication provides an overview of the importing process and contains general information about import requirements. This edition contains much new and revised material brought about because of changes in the law, particularly the Customs Modernization Act. The Customs modernization provisions has fundamentally altered the process by shifting to the importer the legal responsibility for declaring the value, classification, and rate of duty applicable to entered merchandise.Chapters cover entry of goods, informed compliance, invoices, assessment of duty, classification and value, marking, special requirements for alcoholic beverages, motor vehicles and boats, import quotas, fraud, and foreign trade zones.In addition to the material provided by the U. S. Customs Service, the private commercial publisher of this book has provided a bonus chapter on how to build a tax-free import-export business.