Understanding the WTO: Nature and Concept (1)

This is a three-part series on the WTO, its nature, concept, principles…

How MNC set the Price for Exported Goods

Related Party Transactions. One common issue for Multinational Companies (MNCs) when clearing…

Latest Update on Customs Audit Systems

New Customs Positions. Last June 15, 2003, the Bureau of Customs (BoC)…

Prohibited Methods of Customs Valuation

THIS is the sixth and last consecutive article relating to the WTO-based…

Why Customs rejects the invoice price of imported goods

In our previous article entitled “WTO Agreement on Customs Valuation: An Introduction”,…

How to defend your invoice price before the VCRC

This is the third part of a series of articles on the…