Portal/Applications
CV/AR/2026/01
Customs Valuation
27d of 90d
Applicant & Trader Details
Island Exports Ltd
VAT-998877
Samanthi Fernando (exports@demo.lk)
Precision-machined spare parts for industrial packaging machinery — drive gears, bearing housings, and cam followers — imported for use in the buyer's own production line, not for resale.
N/A
LankaQR
LKR 3,000.00
TXN-2026-00004-P2LR
Oct 16, 2026, 07:19 PM
Not provided: TIN / VAT / NIC / Passport, Other status details
Precision-machined spare parts for industrial packaging machinery — drive gears, bearing housings, and cam followers — imported for use in the buyer's own production line, not for resale.
The Sri Lankan importer is a wholly-owned subsidiary of the overseas seller. Both parties are related as defined in Article 9 of Schedule E of the Customs Ordinance. Transaction value is supported by a comparison to unrelated-party sales of identical goods (test value).
Sale for export to Sri Lanka under a standing supply agreement; goods invoiced in USD, FOB port of shipment, with a separate tooling assist supplied free of charge by the buyer to the seller's factory for parts production.
Not provided: Other subject details
The declared transaction value should be accepted under Article 1 of the Valuation Agreement, subject to addition of the tooling assist value under Article 8, as the related-party relationship did not influence the price per the test-value comparison performed.
Not provided: Additional information
Samanthi Fernando
Finance Manager
exports@demo.lk
0719876543
0112223344
Samanthi Fernando
PV 88452
Unassigned
Awaiting assignment