Practical workshops: Valuation

Embark on a comprehensive exploration of customs valuation in our Customs Valuation Workshop.

This immersive program is meticulously crafted to elucidate the multifaceted aspects of valuation in international trade. Participants will gain a profound understanding of the intricacies involved in determining the value of goods, a critical aspect in the calculation of total landed costs.

Core Issues Explored:

1. Understanding what valuation is and its importance:
   • Uncover the fundamentals of customs valuation and its pivotal role in international trade, establishing a foundation for further exploration.
   
   
2. Who is involved with the valuation process?:
   • Delve into the various stakeholders and entities involved in the valuation process, understanding their roles and responsibilities.
   
   
3. The variables affecting valuation - additions and deductions:
   • Explore the dynamic factors influencing the valuation of goods, including both additions and deductions, providing a nuanced perspective on the calculation process.
   
   
4. Valuation and Special Procedures:
   • Navigate the intersection of valuation with special procedures, gaining insights into how unique circumstances impact the valuation of goods.
   
   
5. When & why specific calculation is applied to the import process:
   • Analyze the circumstances that warrant specific calculations in the import process, understanding the nuances of different valuation methods.
   
   
6. How the valuation of goods forms part of a business’ calculation-matrix for establishing the ‘total landed costs’ for bringing the goods to their site or premises:
   • Gain a holistic perspective on how the valuation of goods integrates into the broader calculation matrix for determining total landed costs