In the dynamic and often unpredictable world of international trade, managing tariff costs is a critical concern for companies. This article provides a high-level guide to help businesses navigate ...

Countries regulate and tax imported goods through the customs duties they impose at their ports of entry. According to the World Trade Association, a hierarchy of techniques exists to determine the ...

By John Lee. Iraq's General Customs Authority has approved new mechanisms for calculating the customs value of imported goods ...

Iraq adopts new customs valuation mechanisms for imported goods under Customs Law No. 23, aiming to enhance transparency and ...

The Kenya Revenue Authority (KRA) is now at the centre of a surge in disputes over customs valuation, with claims amounting to millions of shillings from various companies in import duties. As Kenya's ...

The NCS Act, 2023 precisely section 69 clearly stipulates that the primary basis for Customs value of goods shall be the transaction value which it defines as the price paid or payable for goods when ...

Directorate General Customs Valuation (DGCV) has revised the customs values of different types of substances based on petro-chemical under section 25 (9) of the Customs Act, 1969. According to details ...

ISLAMABAD: The Directorate of Customs Valuation, Lahore, has fixed the minimum export value of fresh mango pulp ...