Scope and purpose

This Customs Valuation Procedure sets out the framework and practical steps to be followed by VTTI when handling the customs value of goods imported into the European Union.

The purpose of this procedure is to support the consistent and compliant treatment of customs values in accordance with the Union Customs Code and related customs legislation. It provides guidance to relevant VTTI personnel on the valuation process, the checks to be performed and the documentation to be retained.

This procedure applies to all imports into the European Union for which VTTI is involved in preparing or lodging the customs declaration, whether VTTI acts on its own behalf or as a direct or indirect customs representative. It covers:

• the identification and application of the appropriate customs valuation method;
• the checks to be performed on the customs valuation information provided by the customer;
• the escalation process where clarification or additional supporting information is required; and
• the documentation and record-keeping requirements supporting the declared customs value.

This procedure serves as a practical reference for VTTI personnel involved in preparing, reviewing or lodging customs declarations.