WCO organizes second symposium on E-Commerce and Customs Valuation

VCN - On 23 October 2023, the World Customs Organization (WCO) held its second Symposium on E-Commerce and Customs Valuation.
WCO organizes second symposium on E-Commerce and Customs Valuation

Following the first Symposium in February, which underscored numerous challenges stemming from E-Commerce transactions, the latest Symposium delved into various practical issues. These included policies, procedures and practices, aimed at confronting the challenges posed by the ever-evolving trade dynamics of E-Commerce.

In his opening remarks, Dr. Kunio Mikuriya, Secretary General of the WCO, acknowledged the unique challenges in the E-Commerce sector, stating that “There is a clear need to look at how Customs and trade can more effectively determine Customs value”. He further spoke of the need for collaboration among stakeholders tackling similar problems, aiming for solutions beneficial to trade, society and Customs.

The Symposium showcased a broad spectrum of presentations from international organizations, Customs administrations and the private sector.

WCO organizes second symposium on E-Commerce and Customs Valuation

The WCO Secretariat emphasized its role in developing guidelines for the E-Commerce fulfilment process, complementing the frequently updated Framework of Standards on Cross-Border E-Commerce and the E-Commerce Package. The OECD addressed the collection of value-added tax (VAT) or goods and services tax (GST), based on value calculations, , highlighting their Recommended Framework for Collection of VAT/GST on Low-Value Imported Goods.

Discussing new regulatory proposals, the European Union provided an insight into its strategy for managing the E-Commerce phenomenon, pending approval from the European Council and Parliament. Brazil shared experiences in Customs control and its "Remessa Conforme" Program for E-Commerce transactions.

Amazon offered insights into its multifaceted business model, which includes operating both its E-Commerce platform and a marketplace, focusing on the fulfilment model. The Universal Postal Union (UPU) illustrated its efforts in fostering customer relationships and developing advanced IT solutions to enhance data quality.

The event attracted over 850 registrants. Presentation materials from the Symposium can be accessed at the following link

Source: WCO

Related News

6 outstanding events of Vietnam Customs in 2024

6 outstanding events of Vietnam Customs in 2024

VCN - The General Department of Customs has just announced outstanding events in 2024, such as: successfully organizing the 33rd Meeting of the ASEAN Customs Directors-General; successfully completing the budget collection task; trade facilitation with a record trade turnover of over US$786 billion.
Da Nang Customs Department supports enterprises in developing Customs-Business partnership

Da Nang Customs Department supports enterprises in developing Customs-Business partnership

VCN – At the Conference on developing Customs-Business Partnership 2024 held by Da Nang Customs Department, Permanent Vice Chairman of the Da Nang People's Committee Ho Ky Minh highly appreciated the development of Customs-Business Partnership over the past time, bringing many practical benefits not only to businesses but also creating favorable conditions for Da Nang's goods to quickly access the international market, promoting the city's economic development.
Lang Son Customs finds it difficult to collect and handle tax arrears

Lang Son Customs finds it difficult to collect and handle tax arrears

VCN - As of December 16, 2024, the total overdue debt for processed customs declarations at Lang Son Customs Department was more than VND180.7 billion, of which the unit conducted a charge-off debt of VND 93.9 billion. Although Lang Son Customs Department applied many measures, collection and handling of tax arrears is still a problem.
Ho Chi Minh City Customs: Exceeded the state budget revenue target by nearly 100 billion VND

Ho Chi Minh City Customs: Exceeded the state budget revenue target by nearly 100 billion VND

VCN - Carrying out the task of collecting the state budget in a very difficult context, but with the outstanding efforts of the leadership and civil servants of Ho Chi Minh City Customs Department, the unit has exceeded the state budget collection target by the end of the year.

Latest News

Dutch customs seize 1,575 kilograms of cocaine at Vlissingen Port

Dutch customs seize 1,575 kilograms of cocaine at Vlissingen Port

Dutch customs authorities have seized approximately 1,575 kilograms of cocaine, valued at an estimated 118 million euros, at the port of Vlissingen, located at the mouth of the Scheldt River.
Taiwan-Canada customs agreement signed - Taipei Times

Taiwan-Canada customs agreement signed - Taipei Times

Taiwan is Canada’s sixth-largest trading partner in Asia, so facilitated customs clearances at borders would bring substantial benefits to both countries.
Sabah Customs foils bid to smuggle 3,000 cartons of liquor

Sabah Customs foils bid to smuggle 3,000 cartons of liquor

VCN - Sabah Customs has foiled a syndicate's attempt to smuggle 3,000 cartons of liquor by declaring them as canned food.
The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs

The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs

VCN - The Bureau of Customs of The Philippines (BOC) has taken a groundbreaking step towards enhancing transparency and accountability by implementing an innovative approach to corruption risk mapping with support from the World Customs Organization (WCO)

More News

US customs clamps down on vague cargo descriptions

US customs clamps down on vague cargo descriptions

US Customs and Border Protection (CBP) is clamping down on the use of vague descriptions of shipments submitted through the Air Cargo Advance Screening (ACAS).
Uzbekistan Signs Customs Agreement With U.S.

Uzbekistan Signs Customs Agreement With U.S.

VCN - The heads of the Uzbek and American customs services have signed an agreement “On Cooperation and Mutual Assistance,” an essential legal basis of cooperation in customs. The deal was signed in a bilateral meeting between the Chairman of the Uzbekistan’s Customs Committee, Akmalkhuja Mavlonov, and the Commissioner of the U.S. Customs Border Service, Troy Miller.
Hong Kong customs seizes B42.5m of smuggled platinum, its largest haul in 20 years

Hong Kong customs seizes B42.5m of smuggled platinum, its largest haul in 20 years

VCN - Hong Kong customs has claimed its biggest haul of smuggled platinum in two decades, seizing HKcopy0 million (42.5 million baht) worth of the metal hidden in a battery box at the bottom of a Shenzhen-bound truck.
Customs Affairs conducts training programme for OFOQ2 Single Window System

Customs Affairs conducts training programme for OFOQ2 Single Window System

Manama, Aug. 14 (BNA): The Customs Affairs has completed a training programme for users of the Customs Single Window (OFOQ2) system, including competent authorities and customs clearance offices. The training was conducted by Customs Affairs trainers with the participation of specialists from various customs directorates.
Abu Dhabi Customs equips sea customs centres with five advanced inspection devices

Abu Dhabi Customs equips sea customs centres with five advanced inspection devices

VCN - The General Administration of Abu Dhabi Customs has completed a project to equip its sea customs centers with advanced inspection devices as part of its ongoing efforts to enhance the efficiency of customs operations across the border ports of Abu Dhabi.
Customs rules get stringent at Singapore

Customs rules get stringent at Singapore

VCN - The FTZ regulations require cargo interests to submit import cargo information on long-haul trades 12 hours prior to each vessel’s arrival at berth in Singapore Port and for short-haul trades
Sabah Customs seizes over RM600,000 worth of drugs

Sabah Customs seizes over RM600,000 worth of drugs

VCN - A teenager was among two suspected drug mules nabbed with over 20kg of drugs valued at around RM667,729.44 from two airports in the state recently.
Hong Kong customs to use AI to check 6,000 digital images in seconds for crime-fighting boost

Hong Kong customs to use AI to check 6,000 digital images in seconds for crime-fighting boost

Hong Kong customs will establish a new artificial intelligence (AI) system that can process up to an hour of surveillance camera footage or about 6,000 images within seconds to crack down on crimes involving digital evidence.
Hong Kong customs seizes HK$5.8 million of heroin hidden among durians

Hong Kong customs seizes HK$5.8 million of heroin hidden among durians

Officers also arrested three men, aged between 25 and 53, in connection with the trafficking of the substance.
Read More

Your care

Latest Most read
Dutch customs seize 1,575 kilograms of cocaine at Vlissingen Port

Dutch customs seize 1,575 kilograms of cocaine at Vlissingen Port

Dutch customs authorities have seized approximately 1,575 kilograms of cocaine, valued at an estimated 118 million euros, at the port of Vlissingen, located at the mouth of the Scheldt River.
Taiwan-Canada customs agreement signed - Taipei Times

Taiwan-Canada customs agreement signed - Taipei Times

Taiwan is Canada’s sixth-largest trading partner in Asia, so facilitated customs clearances at borders would bring substantial benefits to both countries.
Sabah Customs foils bid to smuggle 3,000 cartons of liquor

Sabah Customs foils bid to smuggle 3,000 cartons of liquor

VCN - Sabah Customs has foiled a syndicate's attempt to smuggle 3,000 cartons of liquor by declaring them as canned food.
The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs

The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs

VCN - The Bureau of Customs of The Philippines (BOC) has taken a groundbreaking step towards enhancing transparency and accountability by implementing an innovative approach to corruption risk mapping with support from the World Customs Organization (WCO)
US customs clamps down on vague cargo descriptions

US customs clamps down on vague cargo descriptions

US Customs and Border Protection (CBP) is clamping down on the use of vague descriptions of shipments submitted through the Air Cargo Advance Screening (ACAS).
Mobile Version