Value of the goods
The customs value of goods will be the transaction value, i.e. purchase price plus delivery costs, at the time of entry into the EU.Find out their characteristics
Concept of customs value
It is important to know the customs value of a good for the application of the European Communities' customs tariff and other non-tariff measures laid down by specific EU provisions in the context of trade in goods.
The customs value of imported goods shall be their transaction value, i.e. the price actually paid or payable for the goods when sold for export to the customs territory of the Union, adjusted, where appropriate.
In general, the customs value is the basis of assessment of the customs debt, calculated in accordance with Articles 69 et seq. of the Customs Code of the Union (CCC).
The calculation of the tax base can be made on a physical quantity (the good or product), on the value of the goods or on a combination of both.Specific duties apply to them, ad valorem, or mixed, respectively.