l) The ED 14 14,000,000 “Intrinsic value”

The note regarding this ED requires to indicate the intrinsic value of the goods per unit in billing currency .

The ED 14,14,000,000 is mandatory for the person submitting the customs declaration.

The ED 14 14 000 000 is only used in the context of the H7 customs declaration. In case of submitting a customs declaration with the complete set of data (H1) or a simplified declaration (I1) , the intrinsic value of the goods must be indicated in ED 14 08 000 000 “Price/quantity of item” . In case of submitting a customs declaration with a reduced set of data for goods in postal shipments (H6), ED must be used 14 12,000,000 “Postal value” to indicate the intrinsic value of the goods.

If IOSS is used, it is advisable that the amount of VAT is always indicated separately on the invoice, in order to determine the value intrinsic value and calculate the tax base for sending reports to the Surveillance system.

Example 1 : intrinsic value of 140 EUR (VAT excluded and no other costs indicated)

Example 2 : intrinsic value of 140 EUR (VAT excluded and transport costs indicated separately)

Example 3 : intrinsic value of 140 EUR (VAT excluded and transport costs indicated separately)

Example 4 : intrinsic value of 160 EUR (VAT excluded and no other costs indicated separately on the invoice)

Since the intrinsic value in example 4 is greater than 150 EUR, it is not possible to file with data set H7 to declare these assets. Instead, a normal customs declaration (H1 or H6, exclusively for postal service operators) or a simplified customs declaration (I1) must be submitted.