Day: August 3, 2022

KEY CONCEPTS Customs valuation Customs Valuation is the process of determining the value of imported goods for taxation purposes. Customs Value This is the value of imported goods for the purposes of levying/calculating ad valorem Customs duties and taxes. x For Goods imported using road rail and marine transport modes, the customs value is a …

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URA will issue you with a TIN through your email address given at the point of application. A TIN: Is a unique 10-digit numeric number starting with 1 and is used for all tax purposes a person is registering for. Diff erentiates one taxpayer from another and is supposed to be quoted on all business …

Making a Business formal Read More »