Customs Valuation Seminar

Determining the correct value to declare to customs can be a complex undertaking since both CBSA and CBP value goods differently than the CRA and IRS. The regulations that determine transaction value are a convoluted maze and we will guide you through it in this seminar. Particularly important to importers and exporters will be matters of related transactions, terms of sale, commissions and pertinent value declarations. Misdeclaring values with customs should be avoided at all cost.


Topics Include

  • Price paid or payable
  • Transaction value
  • Methods of appraisement / valuation
  • Deductions and additions
  • Related party transactions
  • First sale
  • What constitutes a sale?
  • Valuation pitfalls
  • Monetary penalties
  • Reasonable care
  • Reason to believe
  • Rulings


Who Should Attend

Owners, Managers, Supervisors, Coordinators, Logistics and Accounting staff of companies:

  • Responsible for customs compliance
  • Confused on which valuation method is correct
  • Exhibiting reasonable care
  • Under review by customs

Customs Valuation Seminar
Date and Time

Tuesday May 10, 2016
9:00 AM - 12:30 PM PDT

Tuesday, May 10, 2016
9:00 am - 12:30 pm Pacific Time

Location

Pacific Customs Brokers, 17637 1st Avenue, Surrey, BC

Fees/Admission

$95 CAD plus GST (per attendee)

Website

http://www.pcb.ca/education.cfm?Seminar=430

Contact Information

Have questions or comments about this course? Call 888.538.1566 or email us today.
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