COMMONLY ASKED CUSTOMS VALUATION QUESTIONS

What is Customs value?

In general, Customs Value is the value of goods to levy ad valorem duties of Customs. Ad valorem duties are duties that are calculated as a percentage of the value of the goods; for example, import duty is 25% of Customs value whereas Specific duties 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 value, e.g. UGX1,000 per liter of fuel as Tax.

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