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No commercial value declaration Form: What You Should Know
The customs value is a value taken from the imported goods. This is called the “normal value” or normal market value. The duty is not calculated based on this value. As mentioned above, this is the “normal value” for your country, not the commercial value. The customs value is a total amount of the goods that the goods is equivalent to. For example, 1 unit of gasoline is equivalent to 6 liters of gasoline, or 1 kilogram of gasoline. The tax rate of 10% per liter is based on this value. Similarly, 1 kilogram of gasoline is equivalent to 1 liter of gasoline, or 1.0 liter of gasoline. How to define normal values?  You can define normal values (or “normal market values”) by using the following: If the goods to be imported are of a similar value to the value of other similar goods, you can make use of the normal market value or your imported goods will include them accordingly to the normal market value. If your imported goods were previously made by the supplier in another country, they may be regarded as “foreign-made.” When you do not have the goods in the same value category, you can still use the normal market value to calculate the duties. The customs value is official information that is to calculate the duty and/or tax value of imported goods. When you declare the customs value on the commercial invoice, the Customs Value Office should obtain the customs value from the customs value declaration form (see below). 1406: Common Customs Value Forms (FAQ) : Japan Customs You don't have to fill out a Customs Value Declaration Form. The duties and taxes on your goods are calculated based on the normal value of the goods. If you don't declare the customs value, then the duties and taxes on the goods may be different from the commercial value of 20. As you can see by the chart below, the duty and taxes on the goods can go up to 50% of the commercial value of the goods. 1-year customs value form (PDF) 2-year customs value form (PDF) Fee: 4,400 yen for both customs value forms (Please note that for customs value declaration forms that require the filling of the form for the second year, you'll have to go to a different post office to fill the form.
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