Solutions > Nomenclatures and Valuation
With added objectivity and consistency in determining nomenclatures and values, customs are now able to minimize tax fraud attempts.
Our nomenclatures and valuation solution allows even less experienced customs officers to make an objective evaluation as to what may be the case of undervaluation and misclassification.
- The Big Data enhanced solution provides advanced data analysis (e.g. reference price DB and HS code recommendation).
- All classification and valuation related data is timely provided and visually presented to customs officers in order to assist their auditing process.
- Also, the solution provides i) monitoring features for suspensive regimes to make sure no revenue is overlooked, and ii) electronic document exchange mechanism of Certificate of Origin to properly control tariff benefits.
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CUPIA provides a robust development methodology to ensure the delivery of a quality product. Apart from the solutions mentioned above, CUPIA provides 100% customization to meet local needs.
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