Meaning of Deductive Value
- If the customs value of the imported goods cannot be established under identical goods or similar goods method, then the deductive value method should be considered.
- Article 4 provides that the importer may request the trial of use of computed value method before deductive value method.
- Should this fail then the basis of valuation will revert to deductive value method.
- Under this method, the customs value shall be based on the unit price at which the imported goods or identical or similar imported goods are so sold in the greatest aggregate quantity, at or about the time of the importation of the goods being valued, to persons who are not related to persons from whom they buy such goods, subject to certain deductions.