Other Customs Matters


Advance Ruling on Customs Valuation

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.

  • Method 1: Transaction Value
  • Method 2: Similar Goods
  • Method 3: Identical Goods
  • Method 4: Deductive Value
  • Method 5: Computed Value
  • Method 6: Flexible and Reasonable Method
Cost, Insurance, Freight and Other Charges (CIF) Value

In order to determine the customs value in CIF to be used for computation of duty payable, the following charges are to be included;

  • Insurance
  • Freight
  • Service Charge
  • All other charges for examples; Sales commissions, royalties, license fees, etc.