|Customs Valuation (price) for imported goods is based on the agreed WTO Valuation Code. The valuation is made in accordance with the following methods:|
Customs used rule or method hierarchically and not otherwise, for example, if Method 1 failed to obtain the actual value (price) then Method 2 will be used and so forth.
- Method 1: Transaction Value
- Method 2: Similar Goods
- Method 3: Identical Goods
- Method 4: Deductive Value
- Method 5: Computed Value
- Method 6: Flexible and Reasonable Method