2015 Knowledge Academy

Module 1. Customs Valuation  (1.5 days; 17-18 June)

Facilitators: Ian Cremer, WCO Senior Technical Officer Customs Valuation

Luximan Babajee, Technical Officer, Customs Valuation

“Customs valuation including transfer pricing: latest state-of-play”

Application of the WTO Valuation Agreement: key issues for Customs and business in global trade.

Day 1: A refresher on key principles of Customs valuation, what are the trends and ongoing issues being discussed at global level, what are the main challenges for Customs and business in applying the Agreement?

Day 2: Continued: key issues including the relationship between Customs valuation and transfer pricing

Private sector participants will receive a login to access the free e-learning module “Customs valuation, general principles” at the latest 10 days before the course starts. WCO Members can access the same material on the CLIKC! platform.

Day 1 – Wednesday, 17 June 2015, Customs Valuation

 

Session I: Introduction and refresher on high level principles of the WTO Valuation Agreement

 

09:30 – 11:00

Introduction to the program

·         Welcome

·         Content and objectives of the program: What does the WCO Knowledge Academy provide? WCO and TCCV: their role and activities in the area of Customs Valuation

·         Refresher on high level principles of the WTO Valuation Agreement

 

Facilitators:  Mr. Ian Cremer, Senior Technical Officer,

Mr. Luximan Babajee, Customs Valuation, Technical Officer

 

11:00 – 11:30

Coffee/Tea Break

 

Session II: Transaction value

 

11:30 –  12:30

·         Recent instruments of the TCCV; including sale for export, third party royalties

 

Facilitators:  Ian Cremer, Senior Technical Officer,

Mr. Luximan Babajee, Customs Valuation, Technical Officer

 

12:30 – 14:00

Lunch

 

Session III: Transaction value (continued)

 

14:00 – 14:30

·         Recent instruments of the TCCV; including sale for export, third party royalties (continued) + discussion

 

Facilitators:  Mr. Ian Cremer, Senior Technical Officer,

Mr. Luximan Babajee, Customs Valuation, Technical Officer

 

Session IV: Customs valuation and global trade  

 

14:30 – 15:30

The session will give a good picture on Customs valuation in global trade; what are the ongoing issues discussed at a global level, what are the trends and questions raised by member states. Furthermore the session will encompass the role of the WTO Committee on Customs Valuation and Dispute Settlement Body within WTO. Time for Q & A.

 

WTO: Mr. Roy Santana, Counsellor at the Market Access Division (subject to availability)

 

15:30 – 16:00

Coffee/Tea Break

 

Session V:  Exercise on Customs valuation

 

16:00 – 17:30

How does a business apply the rules on Customs valuation? Group exercise on how to calculate the Customs value followed by a plenary discussion.

 

Facilitators:  Mr. Ian Cremer, Senior Technical Officer,

Mr. Luximan Babajee, Customs Valuation, Technical Officer

 

Day 2 – Thursday, 3 June 2015, Customs Valuation

 

Session VI: Customs valuation and transfer pricing

 

09:30 – 11:00

Presentations and discussions on this key topic, background on the work conducted to date and illustrative examples

 

Facilitators:  Mr. Ian Cremer, Senior Technical Officer,

Mr. Luximan Babajee, Customs Valuation, Technical Officer

 

11:00 – 11:30

Coffee/Tea Break

 

Session VII:

 

11:30 – 12:30

 

Summing up and Q & A

 

Facilitators:  Mr. Ian Cremer, Senior Technical Officer,

Mr. Luximan Babajee, Customs Valuation, Technical Officer

 

12:30 – 14:00

Lunch