Importing goods – methods used to calculate the customs valuation – other considerations

By Tolley
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The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:

  • Importing goods – methods used to calculate the customs valuation – other considerations
  • What items should be included or excluded from the methods when calculating the customs valuation
  • Simplified procedure values (SPVs)
  • Entry price system – standard import values (SIV)
  • Specific transactions
  • Lost, damaged or defective goods
  • Guaranteed advances

This note should be read in conjunction with the Importing goods – methods used to calculate the customs valuation guidance note as it provides additional information. Further relevant information can also be found in the Importing goods – overview – calculating the customs valuation guidance note.

What items should be included or excluded from the methods when calculating the customs valuation

The table below provides an overview of the types of items that should be included in the customs valuation. More information can be found in 2913/92/EEC , Article 32.

2913/92/EEC , Article 32; HMRC Notice 252 
ItemDetails
Delivery costsInclude transportation, insurance, loading and unloading or handling costs associated with delivering the goods to the EU border
CommissionsInclude selling commission and other types of commission / brokerage fees. Buying commission can be excluded if it is shown separately from the amount payable for the goods.
Royalties and licence feesThe buyer may be required to pay a royalty or licence fee in order to use the supplier / producers patent or design, trademarks, etc.
The

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