The Current Practice of customs valuation of Imported goods at the Ethiopian Customs (Erca): a case oriented Study

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2016-04

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Addis Ababa Univerisity

Abstract

Customs valuation is all about the determination of the customs value (taxable basis) of the imports. Generally six methods (the transaction value, the identical goods value, the similar .' goods value, the deductive value, the computed value and the fall back methods) of determining the customs value by the Customs Valuation procedure have been enshrined internationally and in Ethiopia as well. The main objective of this researc h is to assess the consistency, fairness and transparency of the valuation practice and to see whether the valuation system is adequate enough to regulate the subject matter of customs valuation. From our di sc ussions of the laws, literatures, cases and interviews, the findings of this research portrays that the valuation practice is very much diverted from the law and the practice itself is fa shioned by the inconsistent, non-transparent and unfair valuation computations that does not reflect the real commercial practices. The valuation system (especially the customs Data-Base) and the valuation rules (there is some conflict in the rules themselves) are not adequate enough to regulate the customs valuation. The Valuation rules are rolled either to the hands of the Customs (to raise undue customs revenue) or to the hands of the importer (to get undervaluation) unfairly. From this finding the thesis recommends to the reformulation and development of the legal, institutional (especially the Customs Data-Base) frameworks and infrastructures. The ~' recommendation also goes to the installation of transparent valuation system coupled by selective risk analysis management system to tackle poss ihle underval uation Key Words: - Customs. Customs va luation, Customs value, Customs Data-Base, Imported goods, Agreement on Customs Valuation, Customs Proclamation.

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