• Service: Tax, Trade & Customs
  • Type: Business and industry issue, Regulatory update
  • Date: 7/22/2013

Amendments to Customs Valuation Law in Japan (Effective as of 1 April 2013) 

This article summarizes the amendments made to Japan Customs legislation last April 2013. These changes are the first to be made after 32 years and include, among others, a restriction of the use of transaction value to resident companies and a clarification on record keeping requirements.