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Is a national customs valuation system which operates on the basis of official or minimum prices set by the government in accordance with the WTO?

April 26, 2017basis Customs minimum National official operates prices system valuation

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Is a national customs valuation system which operates on the basis of official or minimum prices set by the government in accordance with the WTO?

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The use of minimum customs values set by the government (also called official prices) is expressly prohibited by the WTO, as are arbitrary or fictitious values.