Customs Value Declaration
Also known as: Value declaration form, Customs valuation declaration
A document where the importer declares the transaction value of goods and its components, serving as the basis for calculating import duties.
Also known as: Value declaration form, Customs valuation declaration
A document where the importer declares the transaction value of goods and its components, serving as the basis for calculating import duties.
A customs value declaration is a document through which the importer states the transaction value of goods, including all components: price paid, additions to value (freight, insurance, commissions), royalties, and other elements forming the customs value.
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The monetary amount on which import duties are calculated, determined according to the WTO Valuation Agreement with transaction value as the primary method.
ValuationTransaction Value
The price actually paid or payable for imported goods, adjusted as prescribed by the WTO Valuation Agreement. It is the primary method for determining customs value.
DocumentsElectronic Value Declaration (MVE)
Mandatory electronic document through which the importer declares and signs the customs value of goods imported into Mexico, filed as Format E2 through VUCEM.
ValuationDutiable Charges (Assists)
Costs and values that must be added to the price actually paid or payable for imported goods to determine customs value, including commissions, packing, assists, royalties, licenses, and certain transport and insurance costs not included in the invoice price.