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Customs DutyArticle·30 August 2025

Customs Valuation

By J the App

Executive Summary

Customs valuation is far more than just a number—it’s the backbone of international trade compliance. Since most customs duties are ad valorem, valuation disputes directly affect duties, GST credits, transfer pricing, and even FTA benefits. With global supply chains, related-party transactions, royalties, and digital goods adding complexity, businesses must strike a fine balance between accuracy, compliance, and efficiency.

Introduction

Customs valuation refers to the process of determining the economic value of goods for the purpose of levying customs duties and related...

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