How to accurately calculate the export value of agent customs declaration?
Recently, our company has started to seek the help of an agent customs declaration company to handle the export customs declaration business. In the past, we used to handle the customs declaration by ourselves, and we are not very clear about the calculation of the export value of agent customs declaration. I would like to ask how to calculate the export value of agent customs declaration? Is it calculated according to the amount on the customs declaration form? Or are there other calculation methods? Will it involve factors such as the fees charged by the agent customs declaration company? I hope to get a professional answer. Thank you!
Professional consultant answers
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The export value of agent customs declaration is usually based on the "total price" amount on the customs declaration form, which reflects the actual value of the goods for export. It generally does not involve the fees charged by the agent customs declaration company, because the agent customs declaration fee is the fee paid by the enterprise for the customs declaration service and has nothing to do with the export value of the goods themselves.
When calculating the export value, attention should be paid to the price terms on the customs declaration form. For example, for the common FOB (Free on Board), the export value is directly the total price on the customs declaration form; if it is CIF (Cost, Insurance and Freight), the freight and insurance premiums need to be subtracted to calculate the export value, because the CIF price includes these additional costs, and the export value that truly reflects the value of the goods should exclude them. In addition, for some special trade methods, such as processing trade, it may be necessary to accurately calculate the export value according to specific trade policies and write-off requirements. In short, based on the customs declaration form and combined with the trade method and price terms, the export value of agent customs declaration can be calculated more accurately.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Generally speaking, as long as the customs declaration form is filled out in a standardized manner, the export value is calculated according to the amount shown on the customs declaration form. If there are any modifications, the amount of the final determined customs declaration form shall prevail. It has nothing to do with the agent customs declaration fee. The agent customs declaration fee is the remuneration for the service and does not affect the calculation of the export value.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Calculating the export value of agent customs declaration is not difficult. First, look at the trade terms. Under the EXW term, the export value is the customs declaration amount corresponding to the ex-factory price of the goods. Mainly, it is based on the amount part regarding the value of the goods on the customs declaration form. Do not include other miscellaneous fees, etc.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
In actual operation, if the amounts on the customs declaration form and the commercial invoice are the same, the export value is basically determined according to the amount on the customs declaration form. If there is a difference between the two, the reason needs to be verified, and the export value is calculated based on the accurate value amount of the goods. The agent customs declaration charge does not affect this calculation.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Actually, look at the transaction method on the customs declaration form. If the transaction method is FCA, the export value is basically the total price of the customs declaration form. As long as the transaction is real and follows the normal process, the amount on the customs declaration form is an important basis for calculating the export value.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
If it involves tax rebates, the calculation of the export value of agent customs declaration should be done carefully. Usually, it is still based on the amount of the customs declaration form, but it is necessary to ensure that the information on the customs declaration form is consistent with other export materials, so that the calculated export value is accurate for tax rebates, etc.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
When the goods have multiple specifications or different prices, the export value of agent customs declaration should be calculated by separately accounting the amounts of each specification of goods and then summarizing to obtain the total export value. Similarly, the fees charged by the agent customs declaration company are not considered.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
For the export value of agent customs declaration, attention should also be paid to the exchange rate issue. If the customs declaration form is denominated in foreign currency, it needs to be converted into RMB according to the specified exchange rate to calculate the export value, and the amount on the customs declaration form is still the core basis.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
When calculating the export value of agent customs declaration, if there is a discount on the goods, it should be calculated based on the amount after deducting the discount. The actual transaction amount is generally reflected on the customs declaration form, and this can be used as the basis for calculating the export value.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Sometimes there is sample export customs declaration. The calculation of the export value of agent customs declaration should be based on the actual value of the samples. If the customs declaration form reflects relevant information, calculate accordingly, which is similar to the calculation of the export value of ordinary goods.