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Evidence Guide: TLIX5047A - Determine customs value

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

TLIX5047A - Determine customs value

What evidence can you provide to prove your understanding of each of the following citeria?

Apply transaction valuation method

  1. World Trade Organization (WTO) Customs Valuation Agreement is analysed
  2. Valuation specific information is identified in accordance with Customs Act 1901 as amended
  3. Situations where it is appropriate to apply transaction valuation method are recognized and analysed
  4. Situations where alternate methods of valuation apply are recognised
  5. Situations where there is insufficient reliable information to determine if transaction valuation method applies are identified and referred in accordance with workplace policies and procedures
  6. Valuation is determined from import documentation in accordance with the Customs Act 1901
World Trade Organization (WTO) Customs Valuation Agreement is analysed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Valuation specific information is identified in accordance with Customs Act 1901 as amended

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Situations where it is appropriate to apply transaction valuation method are recognized and analysed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Situations where alternate methods of valuation apply are recognised

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Situations where there is insufficient reliable information to determine if transaction valuation method applies are identified and referred in accordance with workplace policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Valuation is determined from import documentation in accordance with the Customs Act 1901

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify import sales transaction for customs valuation purposes

  1. Relevant import sales transaction is identified
  2. Owner and supplier are identified on documentation
  3. Any relationship between owner and supplier is acknowledged and implications of relationship for customs valuation are determined and managed in accordance with Customs Act 1901 as amended
Relevant import sales transaction is identified

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Owner and supplier are identified on documentation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Any relationship between owner and supplier is acknowledged and implications of relationship for customs valuation are determined and managed in accordance with Customs Act 1901 as amended

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine transaction value

  1. Price in import sales transaction is identified
  2. Terms of trade relevant to import sales transaction are identified and analysed
  3. Adjusted price is calculated
  4. Price related costs and any other additions or deductions are determined taking into account relevant legislation and terms of specific import sales transaction
  5. Transaction value is calculated
Price in import sales transaction is identified

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Terms of trade relevant to import sales transaction are identified and analysed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Adjusted price is calculated

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Price related costs and any other additions or deductions are determined taking into account relevant legislation and terms of specific import sales transaction

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Transaction value is calculated

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify factors that impact on price

  1. Date and place of export are determined in accordance with Customs Act 1901
  2. Rate of exchange is confirmed
Date and place of export are determined in accordance with Customs Act 1901

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Rate of exchange is confirmed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine customs value

  1. Customs value is calculated using appropriate rate of currency exchange
  2. Costs against goods are apportioned using factorisation
  3. All calculations are checked for accuracy, documented and verified as required
Customs value is calculated using appropriate rate of currency exchange

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Costs against goods are apportioned using factorisation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

All calculations are checked for accuracy, documented and verified as required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

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 and/or other simulated practical and knowledge assessment, and/or

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, and/or

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 written/oral tests.

Required Skills and Knowledge

This section describes the knowledge and skills required for this unit.

Required knowledge:

Applicable rules, legislation and regulations:

case law

Customs Act 1901 as amended

WTO Customs Valuation Agreement

Awareness of alternative valuation methods

Date and place of export

Factorisation i.e. 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

Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance.

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

Customs Act 1901 and Customs Regulations

principles, theories and history of the Australian valuation system including the WTO Customs Valuation Agreement, and Customs and related legislation

transaction value including:

adjusted price

arm’s length transactions

contract of sale

import sales transaction

price

price related costs

rebates

Alternate valuation methods may include:

computed value method

deductive goods method

fall back method

identical goods valuation

similar goods valuation

Adjusted price may include:

Australian inland freight and insurance

deductible administrative costs

deductible financing costs

overseas freight and insurance

post importation costs

Price related costs may include:

foreign inland freight and foreign inland insurance

packing costs

production assist costs

proceeds of resale

Valuation advice means:

completing and lodging an application for valuation advice with the regulator

Verification may include:

customs brokers

other colleagues within the enterprise

New developments in customs valuation practices including changes in:

case law

legislation

processes and policies

regulations

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

bulletins, journals, magazines, books

external networks such as professional bodies and staff in various regulatory authorities

internal and external training programs

internal networks such as own operational team, staff in other departments, support staff, managers, training staff

internet websites

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

coaching in the workplace

independent reading

networking with relevant internal and external contacts

online learning

Workplace procedures may include:

quality procedures

Communication in the work area may include:

electronic data interchange (EDI)

email

fax

internet

oral, aural or signed communications

phone

Consultative processes may involve:

management

relevant authorities and institutions

other employees and supervisors

Documentation and records may include:

client instructions

Customs Act 1901and related legislation

internal documentation used for customs valuation

software application system user manuals

workplace procedures and policies

WTO Customs Valuation Agreement