Valunet

SGS has taken up the challenge to support customs administrations in the application of ACV by developing a two-pronged approach focusing on:

• A customs valuation verification service in full conformity with ACV, gathering market intelligence in the country of sale and analysing specific transactions according to ACV methodology.
• A computerised valuation reference system transmitting electronically all valuation findings to client systems, and consolidating previously accepted transaction values in a client-specific reference system available over the Internet

The integration of these elements becomes a powerful solution Valunet® relies on.

• ACV-conform verified valuation opinions
• Strengthening of valuation skills and dissemination of best practices
• Fair and transparent implementation of valuation rules
• Development of a tool to enable decision as to whether further investigations are needed
• Provision of information required in cases of appeals

Valunet® adds value to customs valuation. Its impact can be further enhanced through integration with other SGS services such as Profiler® or SGS Origin Validation.