Upcoming Events
Valuation Workshop
Overview
Are you paying the right amount of duty? Understanding how Customs determines the Value for Duty (VFD) is essential for compliance and cost management. Join CME for an intensive four-hour workshop on March 20th that will demystify the complex rules of customs valuation and help you confidently navigate real-world scenarios.
This hands-on session goes beyond the invoice price to cover mandatory additions, permissible deductions, and the strict hierarchy of valuation methods used by customs. You will learn how to handle free goods, audit-proof your records, and meet your six-year documentation requirements. With practical case studies, interactive discussions, and complimentary snacks and lunch, this workshop is designed for anyone involved in international shipping or the review of commercial documents
Why Attend?
- Master the Transaction Value Method and understand when and how to apply the five alternative valuation methods
- Learn what must be added to or deducted from the invoice price, including assists, commissions, royalties, and transportation costs
- Discover how to properly declare value for gifts, samples, warranties, and promotional items
- Understand your legal obligation tomaintainrecords for six years and meet the importer’s burden of proof
- Work through real-world case studies including related-party transactions and retroactive price reductions
- Get answers to your specific challenges and learn how to request a National Customs Ruling for future certainty
Hosted by
Seats are limited. Reserve your spot today!
If you have any questions, please contact Tess McDonald at tess.mcdonald@cme-mec.ca