This section describes the knowledge and skills required for this unit

Required knowledge

Applicable rules legislation and regulations

case law

Customs Act as amended

WTO Customs Valuation Agreement

Awareness of alternative valuation methods

Date and place of export

Factorisation ie apportionment of costs over a line value each line of invoice for which there is a separate classification

Price related costs and other legislated additions to or subtractions from price

Rates of currency exchange

Transaction value

WTO Customs Valuation Agreement

Required skills

Calculate accurately

Compare and analyse information

Identify interpret and learn skills and knowledge required for relevant new developments in customs valuation practices

Negotiate communicate and liaise effectively with clients and others

Read and interpret legislation

Solve problems that may arise when determining customs valuations

The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria required knowledge and skills the range statement and the assessment guidelines for this Training Package

Critical aspects for assessment and evidence required to demonstrate competency in this unit

The evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the Elements Performance Criteria Required Skills Required Knowledge and include

applying transaction valuation method

identifying relevant import sales transaction for customs valuation purposes

determining price and elements of adjusted price

identifying elements of price related costs

calculating customs value

recording valuation information on customs import declaration

Context of and specific resources for assessment

Performance is demonstrated consistently over time and in a suitable range of contexts

Resources for assessment include access to

a range of relevant exercises case studies andor other simulated practical and knowledge assessment andor

an appropriate range of relevant operational situations in the workplace

In both real and simulated environments access is required to

relevant and appropriate materials and equipment and

applicable documentation including workplace procedures regulations codes of practice and operation manuals

Method of assessment

Assessment of this unit must be undertaken by a registered training organisation

Practical assessment must occur

through activities in an appropriately simulated environment at the registered training organisation andor

in an appropriate range of situations in the workplace

A range of assessment methods should be used to assess practical skills and knowledge

As a minimum assessment of knowledge must be conducted through appropriate writtenoral tests

Information on the determination of relevant aspects of customs valuations may include:

Alternate valuation methods may include:

Adjusted price may include:

Price related costs may include:

Valuation advice means:

Verification may include:

New developments in customs valuation practices including changes in:

Information on new developments in customs valuation practices may be obtained from:

Ways of learning skills and knowledge required for new developments in customs valuation practices may include:

Workplace procedures may include:

Communication in the work area may include:

Consultative processes may involve:

Documentation and records may include: