Unit of competency Outline

Date retreived
22/07/2026 7:28 PM AWST

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Determine customs value

Determine customs value

Unit of competency
National Code
TLIX0039
State Code
OED37
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
26/07/2022
View on TGA
State Implementation and Classification
Approved Date
28/09/2022
Field of Education
080311 - International Business
Original Release Date
28/09/2022
Nominal Hours
35
Description
This unit involves the skills and knowledge required to carry out customs valuation using the transaction value method only, for the purpose of determining the customs value.This unit applies to individuals working as a customs broker. Work must be carried out in compliance with the Customs Act as amended and related case law and workplace requirements concerning customs valuation functions.Work is undertaken in a range of environments, including small to large worksites, in the customs broking and international supply chain industries. No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Determine valuation method to be applied
  • 1.1 World Trade Organization (WTO) Customs Valuation Agreement is reviewed
  • 1.2 Valuation provisions are applied in accordance with the Customs Act as amended
  • 1.3 Situations when transaction valuation method applies are recognised
  • 1.4 Situations when transaction value is not applicable are recognised
  • 1.5 Situations when there is insufficient reliable information to apply transaction valuation method are identified
  • 1.6 Price is determined from import documentation in accordance with the Customs Act as amended
2 Identify import sales transaction for customs valuation purposes
  • 2.1 Relevant import sales transaction is identified
  • 2.2 Any relationship between owner and supplier is determined and any impact of relationship on customs valuation is managed in accordance with the Customs Act as amended
3 Determine transaction value
  • 3.1 Price in import sales transaction is identified
  • 3.2 The terms of trade relevant to the import sales transaction are identified
  • 3.3 Adjusted price is calculated in accordance with the Customs Act as amended
  • 3.4 Price-related costs and any other additions or deductions to adjusted price are made in accordance with the Customs Act as amended
  • 3.5 Transaction value is calculated
4 Determine customs value
  • 4.1 Date and place of export are determined in accordance with Customs Act as amended
  • 4.2 Date of valuation is identified
  • 4.3 Customs value is calculated using appropriate rate of currency exchange
No information
No information
Replaces
State Code National Code Title Type
AWL06 TLIX5047 Determine customs value Unit of competency
State Code National Code Title Type
BHV5 TLI50822 Diploma of Customs Broking Qualification