Valeur en douane – Cours 1 – Concepts d’évaluation et valeur de la transaction

Customs value constitutes the basis for the assessment of Customs duties and taxes. A lack of knowledge often results in the submission of declarations with incorrect Customs values because all the elements necessary for their determination were not taken into consideration. When such incorrect declarations are identified during Customs valuation control process, adjustments are made to the declared value with an additional assessment of duties and taxes and sometimes penalties.