- Vietnamese
- Trị giá hải quan
- English
- Customs value
- Synonyms
- trị giá tính thuế, dutiable value
Definition
The value of goods used as the duty base, determined under the WTO Valuation Agreement methods.
Explanation
For imports: price actually paid up to the first port of entry plus adjustments (royalties, commissions…).
Example
FOB + freight + insurance.