Implementation of the WTO Customs Valuation Agreement in Nepal: An Ex-ante Impact Assessment
Customs Valuation of goods is an important aspect of trade facilitation. In Nepal, the process of customs valuation for the customs tariff was systematized only after the introduction of Customs Act, 1962. In 1997, the Customs Act was amended and now basic valuation provisions based on transaction price were included in the Act. However, ACV is yet not fully implemented. At present Nepal's customs valuation system is hybrid of BDN and ACV.
|Date of creation:||Jun 2006|
|Publication status:||Published in ARTNeT website|
|Contact details of provider:|| Web page: http://www.unescap.org/tid/artnet/|