Latin expression that means according to the value. Import duties or taxes expressed as a percentage of value. For example, the import duty for a product classified under Harmonized System 220421 is 4.5 per cent of the customs valuation. Its…
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Laws enacted to remedy dumping, which is defined as the sale of goods to a foreign market at less that fair value. Antidumping duty is an additional tax to normal import duty that is assessed on an imported good to…
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Determination of the dutiable value of imported merchandise by a customs official who follows procedures outlined in their country´s tariff.
Read MoreArticle of extraordinary value (AEV)
Commodities identified as high value items, requiring special care in shipping.
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