“How to calculate the customs value of the product” before presenting the answer to the question, let us understand what it is. When we say customs value, we mean invoice price and cargo shipping cost those are paid or will be paid.

A customs value is set for the import of goods, which is a base for some other transactions as well for example, calculation of customs duties, setting of customs duties or VAT.
The customs value of goods imported to Armenia includes, first of all, is the purchase price of the goods. These are the other factors that affect the customs payment of the goods.
• Before the cost of shipping goods to the Armenian border, they also include transportation, loading and unloading costs, insurance costs, and other possible costs.
• Before shipping the goods to the Armenian border mediation and commission costs incurred.
• Container and working cost and of packaging and etc. The customs value does not include, for example, indirect taxes paid in the export country, expenses incurred in Armenia. For example, unloading, loading and other costs, taxes or duties levied or levied and other.
How to calculate the customs value of the product. The declarant decides and declares the customs value of the goods. The customs value of the goods may be determined by the person authorized by him.
In order to accept the customs value determined by the declarant by the customs authority, it is necessary to:
In order to accept the customs value determined by the declarant by the customs authority, it is necessary to:
• Availability of documents that will confirm the purchase of the product.
• The customs authority must have sufficient information to correct or adjust the price of the goods.
• The customs authority must ensure that there are no restrictions on the use of the product.
• The seller and the buyer are not interconnected, or if there is an interconnection, it does not affect the price of the product and etc.
In order to determine the customs value, it is possible to present a document of purchase of the goods, a document certifying the expenses incurred in Armenia, a document of payment or a document certifying the obligation to pay further.

You can learn how to calculate the customs value of a product from customs brokers. Customs brokers will help the customs authorities to present a reliable and documented customs value for the goods imported from your skin. Are you looking for a customs broker? Register on Brokers.am website, make a request and get price quotations from many customs brokers. With us you will make your customs clearance more efficient and smarter.