Articles
Mission possible: how the WTO Valuation Agreement strikes a balance between trade facilitation and customs regulation
Customs valuation is one of the largest challenges in international trade. That is why the rules of customs valuation are set out in an international treaty. On the one hand, this is aimed at … harmonizing the valuation rules, while on the other hand, it is aimed at protecting economic operators from the arbitrariness of the authorities and, ultimately, at helping traders. Does it really work in practice, and does it serve both public and private interests in international trade? In the article, the peculiarities of customs valuation are highlighted, which are especially important to consider for those who deal with developing and least-developed countries.
Rizwan Mahmood
€
Mission possible: how the WTO Valuation Agreement strikes a balance between trade facilitation and customs regulation
Customs valuation is one of the largest challenges in international trade. That is why the rules of customs valuation are set out in an international treaty. On the one hand, this is aimed at harmonizing the valuation rules, while on the other hand, it is aimed at protecting economic operators from the arbitrariness of the authorities and, ultimately, at helping traders. Does it really work in practice, and does it serve both public and private interests in international trade? In the article, the peculiarities of customs valuation are highlighted, which are especially important to consider for those who deal with developing and least-developed countries.
Rizwan Mahmood
€
Point of view on some aspects of trade, customs and career
Point of view on these aspects of trade, customs and career: Don’t just trade, provide global service. As a trader, respond positively to the role Customs plays within global trade. Six points … to consider when planning your career as a customs advisor.
Ronnie Van Rooyen
€
Point of view on some aspects of trade, customs and career
Point of view on these aspects of trade, customs and career: Don’t just trade, provide global service. As a trader, respond positively to the role Customs plays within global trade. Six points to consider when planning your career as a customs advisor.
Ronnie Van Rooyen
€
Governments should consider waiving taxes on transport costs until we are back to “normal”
The exponential increase in transport costs over the past few months has placed a strain on importers and on economic recovery. One solution would be for governments to waive taxes on these costs. … In Israel, the law already allows for such an exemption in the case of special circumstances beyond the importer’s control.
Omer Wagner
Governments should consider waiving taxes on transport costs until we are back to “normal”
The exponential increase in transport costs over the past few months has placed a strain on importers and on economic recovery. One solution would be for governments to waive taxes on these costs. In Israel, the law already allows for such an exemption in the case of special circumstances beyond the importer’s control.
Omer Wagner
CJEU: DAF transaction price and actual transport costs that exceed it
The Court of Justice of the European Union (CJEU) examined a case regarding the determination of the customs value of imported goods (technical sulfuric acid). The question was raised whether … customs authorities were entitled to add transport costs to the transaction price if, under the Incoterms DAF terms agreed between the parties, the transport costs were already included in the transaction price but actually exceeded it.
Monika Bielskienė
CJEU: DAF transaction price and actual transport costs that exceed it
The Court of Justice of the European Union (CJEU) examined a case regarding the determination of the customs value of imported goods (technical sulfuric acid). The question was raised whether customs authorities were entitled to add transport costs to the transaction price if, under the Incoterms DAF terms agreed between the parties, the transport costs were already included in the transaction price but actually exceeded it.
Monika Bielskienė
Videos
04min
Courses
Glossary
Incoterms® rules
The rules are used to conclude contracts for the purchase of goods worldwide. They define the seller's and buyer's obligations regarding the risk of loss of or damage to the goods, costs and … arrangement of transport and customs clearance.
CustomsClear ㅤ
