The training course titled 'Customs Valuation: Valuation Concepts & Transaction Value' takes place in Cape Town, South Africa, and is designed to provide participants with a comprehensive understanding of customs valuation and the various methods used in customs procedures. This program emphasizes the transaction value method, which is the primary approach to customs valuation. Participants will explore the fundamental principles of customs valuation, gaining insights into the Agreement on Customs Valuation and the significant roles played by international bodies such as the World Trade Organization (WTO) and the World Customs Organization (WCO).
