A customs value assessment revision is a post-clearance review conducted by customs authorities to verify whether the valuation method applied to imported goods – typically the transaction value under the WTO Customs Valuation Agreement – accurately reflects the actual commercial transaction.
Source: https://www.wto.org/english/tratop_e/valuation_e/valuation_e.htm
Matching tools and partners
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Verified forwarders, ranked by coverage and profile — premium capped at 10%.
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.