Customs Valuation

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 Committee on Customs Valuation of the Council for Trade in Goods (CGT) carries out work in the WTO on customs valuation.

Introduction back to top

Brief information on customs valuation
links to the customs valuation section of the WTO Guide “Understanding the WTO”.

Technical information on customs valuation

  

The mandate back to top

Summary of Article VII on customs valuation

Browse or download the from the legal texts gateway:

• Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 

• Decision Regarding Cases where Customs Administrations have Reasons to Doubt the Truth or Accuracy of the Declared Value

• Decision on Texts Relating to Minimum Values and Imports by Sole Agents, Sole Distributors and Sole Concessionaires 

• Find decisions of WTO bodies concerning the Agreement on customs valuation in the Analytical Index — Guide to WTO Law and Practice

Work on customs valuation in the WTO, and official documents back to top

The Committee on Customs Valuation of the Council for Trade in Goods (CGT) carries out work in the WTO on customs valuation, in the context of a range of measures for trade facilitation.

> Overview of trade facilitation work, including customs valuation, in the WTO
> Current Chairperson

Work in the Committee on Customs Valuation 

Other official customs valuation documents

  
Events back to top

• Seminar on Technical Assistance on Customs Valuation, 6-7 November 2002