Value of 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
Special cases. Financial leasing and used vehicles
Financial leasing contract
We are facing a special valuation scenario and, in this case, since there is no sale per se, the main valuation method, the transaction value, cannot be applied.
Therefore, we must resort to secondary valuation methods, in particular, the so-called last resort , provided for in articles 74.3 of the Union Customs Code, and 144 of the Implementing Regulation 2447/2015.
Instruction 1/2004, of February 27, of the General Directorate of the State Tax Administration Agency, on customs valuation of goods ( BOE number 63, of 13-3 -2004), contains in its Fourth Rule, section 5, a detailed exposition of the subject, including formulas and adjustments that allow determining the customs value of this type of merchandise.
Used vehicles
It affects used vehicles classified as such in chapter 87 of the Combined Nomenclature (see to classify a commodity ); Excludes vehicles intended for specialized use, as well as vintage or collector's models , to which the general regulations will apply.
The valuation rule is different depending on the situations that arise: The import is an immediate consequence of a sale, there has been no immediate sale prior to the import, etc.