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Appendix I DECLARATION FORM ORIGINAL DUPLICATE (See Rule 10 of Customs Valuation, 1988) Note: This declaration shall not be required for goods imported as passenger's Baggage, goods imported for personal
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Begin by gathering all necessary information about the item or property being valued. This includes any relevant documents, records, and data that may influence the valuation process.
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Choose the most suitable valuation method based on the purpose and nature of the item being valued. Some common methods include cost approach, market approach, and income approach.
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The method of valuation is a financial method used to determine the value of assets or liabilities.
Entities or individuals who possess assets or liabilities that need to be valued are required to file method of valuation.
Method of valuation forms can typically be filled out online or submitted in person at the relevant government agency.
The purpose of method of valuation is to provide an accurate assessment of the value of assets or liabilities for financial reporting or tax purposes.
The method of valuation form typically requires information such as descriptions of the assets or liabilities, valuation methods used, and supporting documentation.
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