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 ...

Companies that import goods from other countries pay a customs duty at the entry port. The duty amount might depend on the value of the imported goods. The World Trade Organization has established a ...

As most multinationals that import goods know well, setting cross-border intercompany transfer prices between U.S. and foreign affiliates poses both income tax and customs valuation issues. More often ...

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has fixed customs value $0.08/Watt to $0.09/Watt on the import of solar panels of all origin. According to a valuation ruling (2012 of ...

I write as a concerned citizen and researcher, reflecting on a question I asked not long ago: “Who said we must tax our way to success by ‘squeezing’ citizens?” That question troubles me even more ...

The issue was whether higher remittances made later could alter the transaction value declared at import. The Tribunal held that customs duty must be determined at the time of import, rendering the ...

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 ...

ISLAMABAD: The Directorate General Customs Valuation Karachi is expected to take up the matter of revision of customs values on the import of Iranian origin scrap, which is imported exclusively via ...