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 ...
As tariffs on goods imported into the United States keep changing, the interplay between customs values and transfer pricing has become more significant. Taxpayers with established transfer prices may ...
On December 3, 2025, U.S. Customs and Border Protection’s (CBP) base metals Center of Excellence and Expertise (CEE) issued new guidance on valuing steel, aluminum and copper content for purposes of ...
While customs authorities often justify stricter scrutiny as a safeguard against under-invoicing, global norms prescribe assessment based on transaction value, with penalties imposed in proven cases ...
For the best experience, please enable JavaScript in your browser settings. Wendy Nzula specialises in tax controversy and dispute resolution, and customs and ...
Directorate General Customs Valuation (DGCV) on Friday revised the customs value of Aluminum utensils under section 25-A of the Customs Act, 1969. According to details, the Directorate earlier issued ...
The Tribunal held that customs authorities cannot discard the declared export price without valid reasons or evidence. Transaction value supported by invoices and BRC must normally be ...
Opinion
Modernising customs operations: Leveraging advanced technology to combat fraud and inefficiencies
Customs administrations function as a nation's ultimate economic heart; they possess the singular power to either facilitate trade or effectively strangle it. Their mandate is expansive: ...
Nigeria Customs Service (NCS) has dispelled market speculation over foreign exchange rates used for cargo valuation, insisting that it applies only official rates supplied by the Central Bank of ...
ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of coconut oil in bulk/ retail packing from the Philippines, Indonesia, Malaysia, and Sri Lanka. In ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In the dynamic and often unpredictable world of ...
The Kenya Revenue Authority (KRA) is now at the centre of a surge in disputes over customs valuation, with claims amounting to millions of shillings from various companies in import duties. As Kenya’s ...
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