Method 2 and 3 - Transaction Value of Identical or Similar goods

Question 1

When should TV identical and TV similar goods be used

Answer 1

When TV Method one cannot be used.

Question 2

What are the differences between TV identical and TV similar

Answer 2

None, the method used is identical

Question 3

Order of three TV values in order of use

Answer 3

TV Method one - invoice value
TV method two - Identical Goods
TV Method three - Similar Goods

Question 4

Main way value is determined under method 2 and 3

Answer 4

By finding a previous similar or identical shipment that came in under TV method one

Question 5

To apply identical goods method - 5 x points

Answer 5

Goods must be identical
same country
exported around the same time
same quality - or adjustment made if not
If there is more than one example - cheapest tv value is used.

Question 6

To apply similar goods methid - 2 x points

Answer 6

must have
like characteristics
Like component materials