BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Method 1-Transaction value There must be evidence of a sale for export to the country of importation (i.e. commercial invoices, contracts, purchase orders, etc.).

Detailed explanation-2: -(5) “the price actually paid or payable” means the total amount paid or payable to the seller directly or indirectly, for the goods imported by the buyer or for his favour .

Detailed explanation-3: -For Method 4 you can choose to use the price of each item from one of the following: the actual imported goods. identical goods-check Method 2 (transaction value of identical goods) for the definition of identical goods.

Detailed explanation-4: -Method 5 is based on the costs of production of the goods. Usually this method can only be used if the importer and supplier are related in a business sense. Check ‘If the buyer and seller are related for valuation purposes’ in Method 1 (transaction value of the imported goods).