Single window valuation system cargo tracking

DPV= (Customs value CIF in ETB)= DMP- (PFM+EXP+DTX)
FOB price (in USD)= DPV(CIF in USD)-IF
b) Where the imported good is sold with undergoing further
processing, the formula is:
DPV= (Customs value CIF in ETB)= DMP-
(PFM+EXP+DTX+ADD)
FOB price (in USD)= DPV(CIF in USD)-IF Where:
DPV=(Duty Paying Value or Customs Value)
DMP=(Domestic Market Selling Unit Price)
PFM=(Commission or Profit from sale)
EXP=(Domestic General Expenses)
DTX=(Total Customs Duties and Taxes)
ADD=(Additional value resulting from the subsequent 
processing of the goods)
IF=(Insurance, freight and other costs paid up to the entry 
point of Ethiopia)
The evidence that must be produced to determine the value of 
goods based on Method 4 includes the following:
a) Detailed reasons to value the good based on this method;
b) The relationship between the seller and local buyer, and the 
impact

---

ETHIOPIAN CUSTOMS GUIDE -
MARCH 2017
98
of their relationship on the selling price;
c) Documents that describe the conditions of sale;
d) Price list of the declarant;
e) Sales contract or invoice.
If the transaction value of goods cannot be determined on the basis 
of Method 4, Method 5 is used.
11.2.5 Computed Value Method (Method 5)
The computed value method is based on the cost of production of 
the goods and must be used if the transaction value of imported 
goods cannot be determined by methods 1 to 4.The computed value 
consists of the sum of the following:
The cost of manufacturing or processing of the goods;
• An amount representing the general expenses and profit equal 
to that usually reflected in the sale of goods of the same class 
or kind by producers in the country of export; and
• The transport, loading, unloading, handling and insurance 
costs associated with the transport of the goods to the port of 
entry.
The evidence to be produced to determine the value of goods based 
on computed value includes the following:
a) Detailed reasons to value the good based on this method;
b) The goods are produced and sent by the exporter;
c) The cost of manufacturing or processing of the goods;
d) An amount representing the general expenses and profit 
equal to that usually reflected in the sale of goods of the same 
class or kind by the producers in the country of export;
e) The transport, loading, unloading, handling and insurance 
costs associated with the transport of the goods to the port of 
entry.

---

ETHIOPIAN CUSTOMS GUIDE -
MARCH 2017
99
f) Other costs in relation with the goods.
Experience has shown that this method is difficult to apply and 
therefore rarely used. For further advice, contact the Customs 
Valuation and Tariff Classification Program and Development 
Directorate.