Single window valuation system cargo tracking

11.2.3 Transaction Value of Similar Goods Method 
(Method 3)
Where the transaction value of imported goods cannot be 
determined on the basis of Method 1 or 2, it is determined by 
taking the transaction value of similar goods sold for export to 
Ethiopia at the same commercial level and in substantially the same 
quantity.“Similar goods” are goods that differ in some respects from 
the goods being valued, but they:
• Are produced in the same country; 
• Can carry out the same tasks; and 
• Are commercially interchangeable.
Where similar goods are not made by the producer of the goods to 
be valued, similar goods produced by a different producer that are 
imported within ninety (90) days may be used.

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ETHIOPIAN CUSTOMS GUIDE -
MARCH 2017
95
If it is impossible to get same commercial level and quantity, the 
transaction value is determined as follows:
a) The transaction value of similar goods sold at the same 
commercial level, but sold in different quantities;
b) The transaction value of similar goods sold at a different 
commercial level, but sold at the same quantity;
c) The transaction value of similar goods sold at a different 
commercial level or in different quantities can be used, by 
making adjustments to take account of differences attributable 
to the commercial level or to the quantity.
Where the transaction value includes costs referred to in Article 
96(1) of the Customs Proclamation, the adjustment shall take in to 
account the differences in transport, loading, unloading, handling 
and insurance costs associated with the transport of the imported 
goods and that of the similar goods to the port of entry into the 
customs territory which may arise from differences in distance and 
means of transport.
If the transaction value of similar goods declared by the declarant 
is not accepted, the authority may decide the transaction value of 
similar goods from the organized customs valuation data base.
The evidence to be produced to use the transaction value of similar 
goods includes the following:
a) Detailed reasons to value the good based on this method;
b) Evidence that shows the unit price of similar goods sold for 
export to Ethiopia at the same commercial level, in substantially 
the same quantity, and imported within ninety (90) days of the 
goods to be valued;
c) Evidence that shows, the similar goods are imported to 
Ethiopia about the same time as the goods being valued;
d) Evidence that shows, manufacturer’s price list of similar 
goods.

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ETHIOPIAN CUSTOMS GUIDE -
MARCH 2017
96
Where the transaction value of similar goods cannot be determined,
Method 4 is used.