To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In the dynamic and often unpredictable world of ...

FBR has replaced the weight-based customs valuation system for imported auto parts with a new engine capacity and vehicle model-based framework to improve transparency and reduce disputes.

ISLAMABAD: Directo-rate General of Customs Valuation Karachi has fixed new customs values on the import of Sodium Picramate ...

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 ...

Countries regulate and tax imported goods through the customs duties they impose at their ports of entry. According to the World Trade Association, a hierarchy of techniques exists to determine the ...

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 ...

According to the new valuation ruling (2092 of 2026) issued by the directorate, the customs values of water pumps, oil pumps, ...

CESTAT Allahabad held that customs valuation cannot be enhanced solely on the basis of a Chartered Engineer's report that is ...

Experts believe the move will not only prevent the practice of imposing additional taxes through overvaluation but will also reduce opportunities for revenue evasion through false declarations. As a ...

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 ...

Mexico’s customs and foreign trade legal framework has evolved toward a stricter and more controlled compliance model.