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 ...

The frustrations many importers feel are caused by misinformation, poor preparation, or avoidable mistakes, not by customs ...

As most multinationals that import goods know well, setting cross-border intercompany transfer prices between U.S. and foreign affiliates poses both income tax and customs valuation issues. More often ...

Companies that import goods from other countries pay a customs duty at the entry port. The duty amount might depend on the value of the imported goods. The World Trade Organization has established a ...

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 ...

The issue was whether higher remittances made later could alter the transaction value declared at import. The Tribunal held that customs duty must be determined at the time of import, rendering the ...

The Tribunal held that enhancement of import value without properly rejecting transaction value and following sequential valuation methods is legally ...

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has fixed customs value $0.08/Watt to $0.09/Watt on the import of solar panels of all origin. According to a valuation ruling (2012 of ...