Customs valuation is the procedure applied to determine the value of imported goods for the purpose of levying ad valorem customs duties.
Advalorem duties – assessed as a percentage of the value of the goods; for example, import duty 25% of Customs value.
Specific duties – These are duties, taxes or fees levied based on specific measures of goods such as number, weight, volume, area, capacity etc. Here, a specific sum is imposed on each article regardless of its individual value, e.g. UGX1,000 per litre of fuel as Tax.