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 valuation cases Justification of other valuations
There are times when, due to the particular nature of the goods to be valued or the circumstances of the operations determining the importation, it is not possible to apply the transaction value method or the secondary ones.
This can happen with used vehicles and machinery, goods imported under a rental or leasing contract, etc. In such cases, it is necessary to resort to article 74.3 of the Union Customs Code and 144 of Implementing Regulation 2447/2015, using reasonable criteria, compatible with the general principles and provisions of the GATT Valuation Agreement and Article VII of the General Agreement on Tariffs and Trade (GATT).
Some criteria for special cases of valuation appear in Instruction 1/2004, of February 27, of the General Directorate of the State Tax Administration Agency, on customs valuation of goods.