Customs Valuation in Brunei Darussalam is based on the provisions under the WTO Agreement on Customs Valuation for determination of value on imported goods where Customs duty is charged. The WTO agreement on Customs Valuation aims for a fair, uniform and neutral system for the valuation of goods for customs purposes. These methods of customs valuation are to be applied in the prescribed hierarchical order.
In order to determine the customs value in CIF to be used for computation of duty payable, the following charges are to be included;