Customs Valuation in Canada: How to Calculate Import Values Correctly and Stay Compliant
Customs Valuation in Canada: How to Calculate Import Values Correctly and Stay Compliant Understanding how to calculate customs value is essential for Canadian importers. Your customs valuation determines the amount of duties, GST/HST, and other import-related charges you’ll pay. Mistakes can cost thousands in penalties or audits — but done right, proper valuation can also reduce your duty burden legally. Why Customs Valuation Matters The Canada Border Services Agency (CBSA) uses customs value as the base for calculating all import taxes and duties. Getting it wrong can trigger both short-term and long-term consequences: Immediate risks: Overpaying or underpaying duties, delayed shipments, and CBSA verification holds. Long-term risks: Penalties up to 50% of unpaid duties, CBSA audits, or even suspended import privileges. With proper valuation knowledge, importers can minimize costs while staying fully compliant with Canadian customs law. The Transaction Value Method (Primary Method) The transaction value method applies to more











