Develop a comprehensive foundation in customs valuation, to boost compliance, cost management and international growth.
Customs valuation is the process of determining the monetary value of goods declared to customs, forming the basis for calculating customs duties, taxes and other charges on imported goods.
A strong understanding of customs valuation is essential for compliance, but can also improve cost management and competitive positioning in global markets.
This course aligns with the World Trade Organisation (WTO) Agreement on Customs Valuation which promotes a fair, consistent, and transparent valuation process. It highlights the importance of accurate valuation to support competitive fairness, prevent undervaluation and maintain compliance with international trade laws.
Gain a solid foundation of customs valuation principles, from which to build international success.
This course is ideal for:
- Finance and procurement managers
- Trade compliance officers and trade specialists
- Business development
- Importers and customs brokers
- Tax and legal advisors handling import duties