Customs value
When a nomination is registered in Atlas, the value of the parcel is recorded in line with the current market value. This is a manual process carried out by CS. The market value is usually provided by the customer. Otherwise, it is obtained by CS from publicly available market data sources, such as Platts Market Data from S&P.
When a parcel is intended to be released for free circulation, CS registers an import service in Atlas. If the applicable import duty rate is 0%, or if the product qualifies for preferential treatment upon import, the market value is used in the relevant customs declaration. This pragmatic approach has been agreed upon with the customs authorities. vastgelegd?.
If the import duty rate exceeds 0% and no preferential treatment applies, CS requests the customer to provide the customs value, determined in accordance with the transaction value method. In such cases, the import service can only be booked in Atlas once an invoice has been uploaded.
In exceptional cases, no invoice relating to the relevant transaction is available at the time of lodging the import declaration. In such cases, a simplified
CS performs a check to see if the invoice is valid and meets all legal requirements.
such cases, the system requires an invoice
