customs valuation
[/ˈkʌstəmz ˌvæljuˈeɪʃən/]
nounpl: customs valuations
avaliação aduaneira
1. The process of determining the value of imported goods for the purpose of calculating customs duties and taxes
Customs valuation is essential for determining the correct amount of import duties to be paid.
A avaliação aduaneira é essencial para determinar o valor correto dos direitos de importação a serem pagos.
2. The assessment of the declared or appraised value of merchandise crossing national borders
The customs valuation of this shipment was based on the invoice price plus shipping costs.
A avaliação aduaneira deste carregamento foi baseada no preço da fatura mais os custos de envio.
3. Official determination of goods' worth according to international trade regulations and tariff classifications
Proper customs valuation ensures compliance with WTO agreements and bilateral trade rules.
A avaliação aduaneira adequada garante conformidade com acordos da OMC e regras comerciais bilaterais.
Customs valuation is a critical component of international trade administration in both Brazil and the United States. Brazil follows MERCOSUR regulations and WTO Customs Valuation Agreement standards. In the USA, the U.S. Customs and Border Protection (CBP) determines valuations based on the Tariff Act of 1930. Both countries use similar methodologies: transaction value, comparable value, deductive value, computed value, and fallback methods. Understanding proper customs valuation is essential for importers, exporters, and customs brokers to avoid penalties and ensure smooth cross-border commerce.
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