Estimate a simplified assessable value from goods value and applicable separate charges. Select a missing amount to solve for, or build the total using your own percentages. All amounts use USD; this is not a legal customs valuation.

Simplified addition model in USD. Include only applicable charges not already in the goods value; enter zero for a known zero charge.

Enter the transaction amount before the separate charges below.

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Assessable Value Formula

The following equation is a common simplified way to estimate an assessable (customs) value when it is based on the value of the goods plus shipping-related charges.

AV = V + I + F + H
  • Where AV is the assessable value (currency)
  • V is the value of the goods (invoice/transaction value) (currency)
  • I is the cost of insurance (currency)
  • F is the freight cost (currency)
  • H is handling and/or other charges that must be included under the applicable customs valuation rules (currency)

To use this simplified model, add the goods value and only those insurance, freight and handling/other charges that apply and are not already included. Customs rules may require different additions or deductions; confirm the applicable valuation method before declaring a value.

What is an Assessable Value?

Definition:

Assessable value (often called customs value or dutiable value) is the value determined under a country’s customs laws that is used to calculate import duties and import taxes. In many jurisdictions it starts with the transaction value (the price actually paid or payable) and then includes required additions (for example, certain freight/insurance charges, commissions, royalties, or packing costs), depending on the rules in that country.

For example, Canadian value-for-duty rules generally exclude transportation costs from the place of direct shipment to Canada. This calculator does not implement those rules or calculate vehicle import taxes; consult CBSA valuation guidance for the applicable adjustments.

In import and export logistics, the assessable value is not the amount of duty or tax itself; it is the value that customs uses to assess (calculate) duties, taxes, and other charges.