Meaning
Administrative regulation governing the determination of the customs value for imported goods through a standardized appraisal system. The implementation of gacc decree 236 provides the legal framework for identifying and verifying the transaction value under national law. It defines the specific conditions under which the price paid by an importer is accepted for duty calculation.
Appraisal Order
Rules within the decree establish a sequence of valuation methods that customs officers must follow when the transaction value is rejected. If the first method fails, the officer moves to the value of identical goods or similar goods. Application of gacc decree 236 ensures that the appraisal process is not arbitrary and follows international standards for customs valuation.
Sequence determines legality.
Related Parties
Special scrutiny applies to transactions between entities with shared ownership or control. The decree requires the importer to prove that the relationship did not influence the price of the goods. If the price is consistent with the prices charged to unrelated buyers or covers all costs plus a representative profit, the transaction value is usually accepted.
Investigation Power
Customs maintains the authority to request detailed accounting records and production cost data from the importer. This power allows the state to verify the accuracy of the declarations and detect any hidden transfers of value. The decree acts as the primary tool for preventing tax evasion through the under-invoicing of imported merchandise.
