How to determine the customs value of the goods?
The customs value of goods is designated and determined by respectively application of methods of valuation for duty purposes specified Article 45 to 50 of the Customs Regulations.
These methods are; the transaction value method, the transaction value of identical goods, the transaction value of similar goods method, the unit price method, the computed value method and the last method (the fall-back method).
The order of the use of the methods are, first to test the transaction value method, and in the presence of a condition that prevents the use of this method then test other methods accordingly and apply the latest method after testing the first five methods. İf a written request of the declarant is endorsed by the customs authorities, application order of the computed value method and the unit price method shall be reversed.
