Also known as: Total Import Cost, Cost of Internment
Total cost of merchandise delivered to the importer's warehouse. Includes purchase price, international freight, insurance, duties, DTA, VAT, broker fees, handling, domestic freight, and storage.
Sum of all costs from the supplier's factory to the importer's warehouse. Includes direct costs (merchandise, freight, insurance) and indirect costs (duties, taxes, broker fees, handling, storage).
Foreign Trade Duties and Taxes
Taxes, fees, and charges payable upon the import or export of goods, including import duty (IGI), customs processing fee (DTA), and import VAT.
TradeCustoms Value
The monetary amount on which import duties are calculated, determined according to the WTO Valuation Agreement with transaction value as the primary method.
ValuationFreight Insurance
A policy covering risks of loss, damage, or deterioration during international transport. Its cost is an addition to customs value. Premiums range from 0.3% to 1.5% of merchandise value.
FinancialCustoms Processing Fee (DTA)
Fee paid for customs operations. The general rate is 8 per thousand of customs value for definitive imports. Reduced rates apply for IMMEX, maquiladoras, and FTA operations.