In customs, the value assessment is typically based on which specific point?

In customs, the value assessment is typically based on the country of origin due to the fact that the customs value is primarily determined by the transaction value of the goods, which is influenced by where the goods originate. This assessment is essential for determining duties and taxes that need to be paid upon importation. The country of origin is critical because it often affects tariff rates and trade agreements that can lead to different duties being applicable based on the source of the goods.

Moreover, customs regulations mandate that the value assigned at the point of importation should accurately reflect the price paid or payable for the goods when sold for export to the country of import, considering all applicable costs such as shipping and insurance. Understanding the country of origin helps customs authorities to apply the correct valuation rules and ensure compliance with international trade regulations.

The other options do not reflect the primary point of valuation in customs assessments. Country of export, final sale price at retail, and last quarantine inspection are factors considered in specific scenarios but do not hold the same weight as the country of origin in determining customs value.