1887

Preshipment Inspection

Past Experiences and Future Directions

image of Preshipment Inspection

Over 40 developing countries use the services of preshipment inspection companies for verification of prices prior to exporting. The objective in using these companies is to assist customs administrations in the detection of under or overvaluation. Analysts are divided, however, on the desirability of using these services. This study presents the results of a seminar arranged by the Commonwealth Secretariat in cooperation with the Secretariat of the World Trade Organization, which provided an opportunity for the free exchange of views on using preshipment inspection services. The book describes the experience of developing countries, examines the differing viewpoints and offers suggestions as to how developing countries can maximise returns from using preshipment inspection services.

English

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Relationship of the Agreement on Preshipment Inspection with the Agreement on Customs Valuation

Viewpoint of World Customs Organisation (WCO)

This paper examines the relationship between the Agreement on PSI and the WTO Customs Valuation Agreement. This subject is of particular interest as many WTO Members utilise the services of PSI entities to perform functions associated with Customs valuation. As we approach the expiration of period for delay in application for in Article 20 of the Valuation Agreement, these Members will need to ensure that they develop and adopt Customs and PSI practices and procedures that ensure fulfill their obligations under all of the WTO Agreements and which meet their respective fiscal, economic and trade objectives.

English

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